Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stake Lessened by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC cut its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,757 shares of the company’s stock after selling 5,862 shares during the period. Miracle Mile Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,401,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Leeward Financial Partners LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.6% in the fourth quarter. Leeward Financial Partners LLC now owns 19,466 shares of the company’s stock valued at $1,563,000 after acquiring an additional 2,325 shares in the last quarter. Timonier Family Office LTD. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $725,000. Atlas Capital Advisors Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 60.8% in the fourth quarter. Atlas Capital Advisors Inc. now owns 7,888 shares of the company’s stock valued at $633,000 after acquiring an additional 2,982 shares in the last quarter. Berkeley Capital Partners LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.6% during the fourth quarter. Berkeley Capital Partners LLC now owns 289,715 shares of the company’s stock worth $23,255,000 after buying an additional 7,311 shares in the last quarter. Finally, Triumph Capital Management bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $341,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $81.03 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.26. The company has a 50 day moving average price of $80.96 and a 200 day moving average price of $80.98.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a dividend of $0.328 per share. This represents a $3.94 dividend on an annualized basis and a yield of 4.86%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 2nd.

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.