Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by WESCAP Management Group Inc.

WESCAP Management Group Inc. reduced its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 21.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 344,040 shares of the company’s stock after selling 92,593 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 6.7% of WESCAP Management Group Inc.’s holdings, making the stock its 2nd biggest position. WESCAP Management Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $27,616,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Truvestments Capital LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% in the 4th quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after buying an additional 198 shares in the last quarter. Tortoise Investment Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $28,000. Midwest Capital Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $33,000. Nvwm LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after purchasing an additional 149 shares during the period. Finally, Sound Income Strategies LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 50.7% during the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after purchasing an additional 179 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.2 %

NASDAQ:VCIT opened at $81.63 on Wednesday. The company’s 50-day moving average is $81.15 and its two-hundred day moving average is $81.45. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st will be issued a $0.3189 dividend. The ex-dividend date is Tuesday, April 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 dividend on an annualized basis and a yield of 4.69%.

About Vanguard Intermediate-Term Corporate Bond ETF

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.