Coastline Trust Co Invests $98,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Coastline Trust Co acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,173 shares of the company’s stock, valued at approximately $98,000.

A number of other institutional investors have also recently added to or reduced their stakes in VCIT. NYL Investors LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.1% in the third quarter. NYL Investors LLC now owns 119,200 shares of the company’s stock valued at $9,983,000 after buying an additional 2,400 shares during the period. Dearborn Partners LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.8% in the third quarter. Dearborn Partners LLC now owns 23,470 shares of the company’s stock worth $1,966,000 after acquiring an additional 418 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 19.2% in the third quarter. OneDigital Investment Advisors LLC now owns 102,187 shares of the company’s stock worth $8,558,000 after acquiring an additional 16,429 shares in the last quarter. Lifeworks Advisors LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $486,000. Finally, Kovack Advisors Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.9% during the 3rd quarter. Kovack Advisors Inc. now owns 3,997 shares of the company’s stock valued at $335,000 after purchasing an additional 608 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1 %

NASDAQ VCIT opened at $80.89 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.12 and a 12 month high of $84.25. The company’s 50 day simple moving average is $82.56 and its 200 day simple moving average is $81.40.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.3166 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.80 annualized dividend and a dividend yield of 4.70%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.