Lowe Brockenbrough & Co. Inc. Boosts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Lowe Brockenbrough & Co. Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,713 shares of the company’s stock after buying an additional 4,711 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,080,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VCIT. Bull Oak Capital LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth $27,000. Sound Income Strategies LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares during the period. Pineridge Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares during the period. American National Bank grew its position in 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 valued at $38,000 after buying an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.4 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.74 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $75.43 and a 12-month high of $84.25. The firm has a 50 day simple moving average of $82.92 and a 200-day simple moving average of $81.19.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be given a dividend of $0.3166 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend is Friday, November 1st. This represents a $3.80 annualized dividend and a dividend yield of 4.71%.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.