Western Wealth Management LLC Sells 3,918 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Western Wealth Management LLC trimmed its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 19.6% in the 2nd quarter, Holdings Channel reports. The fund owned 16,034 shares of the company’s stock after selling 3,918 shares during the quarter. Western Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,282,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BetterWealth LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.7% in the second quarter. BetterWealth LLC now owns 43,551 shares of the company’s stock worth $3,481,000 after acquiring an additional 2,727 shares during the last quarter. Raymond James & Associates grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.7% during the 2nd quarter. Raymond James & Associates now owns 2,050,252 shares of the company’s stock valued at $163,877,000 after purchasing an additional 73,498 shares during the last quarter. Marietta Wealth Management LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% during the 2nd quarter. Marietta Wealth Management LLC now owns 35,782 shares of the company’s stock valued at $2,860,000 after purchasing an additional 868 shares during the last quarter. Hoylecohen LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $4,615,000. Finally, Tennessee Valley Asset Management Partners bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth approximately $323,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0 %

Shares of NASDAQ:VCIT traded up $0.03 during trading on Monday, reaching $82.52. 408,533 shares of the stock traded hands, compared to its average volume of 6,990,409. The stock has a 50-day moving average of $80.87 and a two-hundred day moving average of $80.04. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $73.78 and a 52-week high of $82.64.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

Vanguard Intermediate-Term Corporate Bond ETF 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.