Diversified Portfolios Inc. Reduces Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Diversified Portfolios Inc. decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,564 shares of the company’s stock after selling 305 shares during the quarter. Diversified Portfolios Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,890,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Bull Oak Capital LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $27,000. Sound Income Strategies LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after buying an additional 150 shares during the last quarter. Pineridge Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after acquiring an additional 150 shares during the last quarter. American National Bank raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the 2nd quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after purchasing an additional 195 shares during the last quarter. Finally, Lynx Investment Advisory purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

Vanguard Intermediate-Term Corporate Bond ETF stock traded up $0.08 during trading hours on Thursday, hitting $81.01. The stock had a trading volume of 1,508,944 shares, compared to its average volume of 6,976,600. The stock’s 50-day moving average price is $82.65 and its 200-day moving average price is $81.37. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $76.66 and a 12-month 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. Investors of record on Friday, November 1st were given a $0.3166 dividend. The ex-dividend date was Friday, November 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 annualized dividend 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.