Vaughan Nelson Investment Management L.P. Sells 520 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Vaughan Nelson Investment Management L.P. decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.6% in the second quarter, Holdings Channel reports. The firm owned 4,915 shares of the company’s stock after selling 520 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $393,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VCIT. Stokes Family Office LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 37.1% in the 4th quarter. Stokes Family Office LLC now owns 24,052 shares of the company’s stock worth $1,955,000 after buying an additional 6,506 shares in the last quarter. Redmont Wealth Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 24.1% during the fourth quarter. Redmont Wealth Advisors LLC now owns 27,618 shares of the company’s stock valued at $2,245,000 after purchasing an additional 5,368 shares during the last quarter. Crewe Advisors LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 369.3% during the fourth quarter. Crewe Advisors LLC now owns 11,208 shares of the company’s stock valued at $911,000 after purchasing an additional 8,820 shares during the period. Greenwich Wealth Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.2% in the fourth quarter. Greenwich Wealth Management LLC now owns 23,467 shares of the company’s stock worth $1,907,000 after purchasing an additional 275 shares during the last quarter. Finally, Great Valley Advisor Group Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 25.1% in the fourth quarter. Great Valley Advisor Group Inc. now owns 1,279,921 shares of the company’s stock worth $104,032,000 after purchasing an additional 256,984 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3 %

Shares of VCIT opened at $82.49 on Monday. The firm has a fifty day simple moving average of $80.87 and a two-hundred day simple moving average of $80.04. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $82.64.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were given a dividend of $0.3011 per share. This represents a $3.61 dividend on an annualized basis and a yield of 4.38%. The ex-dividend date of this dividend was Thursday, August 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

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.