Arvest Investments Inc. Increases Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Arvest Investments Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 58,465 shares of the company’s stock after buying an additional 4,105 shares during the quarter. Arvest Investments Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,897,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Narus Financial Partners LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% in the 2nd quarter. Narus Financial Partners LLC now owns 4,648 shares of the company’s stock valued at $372,000 after purchasing an additional 124 shares in the last quarter. Friedenthal Financial grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the third quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock valued at $1,863,000 after buying an additional 124 shares during the last quarter. Vicus Capital increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the third quarter. Vicus Capital now owns 20,489 shares of the company’s stock worth $1,716,000 after buying an additional 135 shares during the period. Novare Capital Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.4% in the 2nd quarter. Novare Capital Management LLC now owns 9,668 shares of the company’s stock valued at $773,000 after acquiring an additional 137 shares during the last quarter. Finally, Pineridge Advisors LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT traded up $0.09 during trading on Friday, reaching $81.65. 6,507,847 shares of the company traded hands, compared to its average volume of 7,029,279. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $75.75 and a 52-week high of $84.25. The business’s fifty day moving average is $82.75 and its 200-day moving average is $81.31.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.3166 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.65%.

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.