Benjamin Edwards Inc. Reduces Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Benjamin Edwards Inc. reduced its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 705,955 shares of the company’s stock after selling 8,552 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 0.8% of Benjamin Edwards Inc.’s portfolio, making the stock its 27th largest position. Benjamin Edwards Inc. owned 0.11% of Vanguard Intermediate-Term Corporate Bond ETF worth $57,719,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VCIT. NorthRock Partners LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 54.1% in the first quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock worth $31,000 after buying an additional 132 shares in the last quarter. Centennial Bank AR bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth about $33,000. Transce3nd LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $35,000. Noble Wealth Management PBC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth about $38,000. Finally, Chapman Financial Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $44,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $82.88 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.25. The firm has a 50-day moving average of $82.23 and a 200 day moving average of $81.45.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 5th. Investors of record on Friday, August 1st were paid a $0.3408 dividend. The ex-dividend date of this dividend was Friday, August 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 4.9%.

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.