Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stock Holdings Lifted by Covington Investment Advisors Inc.

Covington Investment Advisors Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 97,867 shares of the company’s stock after buying an additional 4,969 shares during the quarter. Covington Investment Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,196,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the stock. Bull Oak Capital LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth $27,000. Sound Income Strategies LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares during the period. Pineridge Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after buying an additional 150 shares in the last quarter. American National Bank grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the second quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after purchasing an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.8 %

VCIT stock opened at $81.68 on Tuesday. The company has a fifty day moving average price of $82.25 and a two-hundred day moving average price of $81.51. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.68 and a one year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3166 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.65%. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.