Source Financial Advisors LLC Lowers Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Source Financial Advisors LLC cut its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,726 shares of the company’s stock after selling 954 shares during the period. Source Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $898,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Insight Advisors LLC PA bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $228,000. Vanguard Group Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the first quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after acquiring an additional 286,685 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the second 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 in the last quarter. First Pacific Financial lifted its holdings 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 worth $22,009,000 after acquiring an additional 15,950 shares during the last quarter. Finally, Brookstone Capital Management lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the 2nd quarter. Brookstone Capital Management now owns 24,812 shares of the company’s stock worth $2,015,000 after acquiring an additional 1,770 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

VCIT stock opened at $81.65 on Friday. The firm’s fifty day moving average is $82.75 and its 200 day moving average is $81.29. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $75.75 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3166 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. 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.

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.