Nwam LLC Invests $1.95 Million in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Nwam LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 23,226 shares of the company’s stock, valued at approximately $1,945,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Narus Financial Partners LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during 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 during the period. Friedenthal Financial increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the third quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock worth $1,863,000 after buying an additional 124 shares during the period. Trustmark National Bank Trust Department increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the third quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock worth $1,198,000 after buying an additional 134 shares during the period. Vicus Capital increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the third quarter. Vicus Capital now owns 20,489 shares of the company’s stock worth $1,716,000 after buying an additional 135 shares during the period. Finally, Novare Capital Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the second quarter. Novare Capital Management LLC now owns 9,668 shares of the company’s stock worth $773,000 after buying an additional 137 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1 %

VCIT opened at $81.02 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.60 and a twelve month high of $84.25. The company has a fifty day moving average of $82.29 and a 200-day moving average of $81.46.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.3166 per share. The ex-dividend date was Friday, November 1st. This is a positive change 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.