Strategic Financial Partners Ltd. Lowers Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Strategic Financial Partners Ltd. lowered its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 39,711 shares of the company’s stock after selling 398 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 1.7% of Strategic Financial Partners Ltd.’s holdings, making the stock its 12th biggest holding. Strategic Financial Partners Ltd.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,326,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Insight Advisors LLC PA bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $228,000. Vanguard Group Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock worth $274,095,000 after acquiring an additional 286,685 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock worth $136,296,000 after acquiring an additional 75,446 shares during the last quarter. First Pacific Financial boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.1% in the 2nd quarter. First Pacific Financial now owns 275,356 shares of the company’s stock valued at $22,009,000 after purchasing an additional 15,950 shares in the last quarter. Finally, Brookstone Capital Management grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the 2nd quarter. Brookstone Capital Management now owns 24,812 shares of the company’s stock valued at $2,015,000 after purchasing an additional 1,770 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.74 on Friday. The firm has a fifty day simple moving average of $82.92 and a two-hundred day simple moving average of $81.19. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $75.43 and a twelve month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be paid a $0.3166 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date is Friday, November 1st. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.