SWAN Capital LLC Sells 10,346 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

SWAN Capital LLC decreased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 20.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,438 shares of the company’s stock after selling 10,346 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.7% of SWAN Capital LLC’s portfolio, making the stock its 20th biggest position. SWAN Capital LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,387,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Narus Financial Partners LLC boosted its holdings in 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 acquiring an additional 124 shares in the last quarter. Friedenthal Financial boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the third quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock worth $1,863,000 after acquiring an additional 124 shares in the last quarter. Trustmark National Bank Trust Department boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the third quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock worth $1,198,000 after acquiring an additional 134 shares in the last quarter. Vicus Capital boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the third quarter. Vicus Capital now owns 20,489 shares of the company’s stock worth $1,716,000 after acquiring an additional 135 shares in the last quarter. Finally, Novare Capital Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% in the second quarter. Novare Capital Management LLC now owns 9,668 shares of the company’s stock worth $773,000 after acquiring an additional 137 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $82.04 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.25. The stock’s 50 day moving average is $81.97 and its 200-day moving average is $81.61.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.3166 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date was Friday, November 1st.

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.