Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 1,215,856 shares of the company’s stock after selling 65,439 shares during the period. Janney Montgomery Scott LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $100,612,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BridgePort Financial Solutions LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 4th quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock valued at $1,761,000 after buying an additional 120 shares in the last quarter. Sincerus Advisory LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% during the 4th quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock worth $2,057,000 after acquiring an additional 121 shares in the last quarter. Valued Retirements Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.5% during the 4th quarter. Valued Retirements Inc. now owns 3,591 shares of the company’s stock worth $301,000 after acquiring an additional 121 shares in the last quarter. MCF Advisors LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 19.7% in the fourth quarter. MCF Advisors LLC now owns 754 shares of the company’s stock valued at $63,000 after acquiring an additional 124 shares during the last quarter. Finally, Summit Wealth Partners LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the fourth quarter. Summit Wealth Partners LLC now owns 19,099 shares of the company’s stock valued at $1,600,000 after acquiring an additional 134 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $82.91 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84. The company has a fifty day moving average of $82.56 and a two-hundred day moving average of $83.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.3412 dividend. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

Vanguard Intermediate-Term Corporate Bond ETF 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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.