Source Financial Advisors LLC Sells 954 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Source Financial Advisors LLC trimmed its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,726 shares of the company’s stock after selling 954 shares during the quarter. Source Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $898,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Narus Financial Partners LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% in the second quarter. Narus Financial Partners LLC now owns 4,648 shares of the company’s stock worth $372,000 after buying an additional 124 shares in the last quarter. Friedenthal Financial lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 3rd quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock worth $1,863,000 after purchasing an additional 124 shares in the last quarter. Vicus Capital boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 3rd quarter. Vicus Capital now owns 20,489 shares of the company’s stock valued at $1,716,000 after purchasing an additional 135 shares during the period. Novare Capital Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% in the 2nd quarter. Novare Capital Management LLC now owns 9,668 shares of the company’s stock valued at $773,000 after purchasing an additional 137 shares during the period. Finally, Pineridge Advisors LLC grew its position in shares of 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 valued at $33,000 after purchasing an additional 150 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1 %

Shares of VCIT stock opened at $81.65 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $75.75 and a 52-week high of $84.25. The business’s fifty day moving average is $82.75 and its 200 day moving average is $81.29.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm 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 of this dividend was Friday, November 1st. This represents a $3.80 annualized dividend and a dividend yield of 4.65%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.