Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by Leavell Investment Management Inc.

Posted by Irma Garcia on Nov 10th, 2024

Leavell Investment Management Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Free Report) by 174.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 18,915 shares of the company’s stock after buying an additional 12,020 shares during the quarter. Leavell Investment Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,584,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bull Oak Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $27,000. Sound Income Strategies LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares in the last quarter. Pineridge Advisors LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the period. American National Bank lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the second quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after buying an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $81.65 on Friday. The firm has a 50 day simple moving average of $82.75 and a 200 day simple moving average of $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 firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.3166 per share. The ex-dividend date was Friday, November 1st. This is a positive change 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 yield of 4.65%.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

(Free Report)

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.