Farther Finance Advisors LLC Has $4.10 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Farther Finance Advisors LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 72.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,890 shares of the company’s stock after buying an additional 20,526 shares during the period. Farther Finance Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,095,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of VCIT. Insight Advisors LLC PA acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $228,000. Vanguard Group Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the first quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock worth $274,095,000 after buying an additional 286,685 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock valued at $136,296,000 after acquiring an additional 75,446 shares during the last quarter. First Pacific Financial lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.1% in the 2nd quarter. First Pacific Financial now owns 275,356 shares of the company’s stock valued at $22,009,000 after acquiring an additional 15,950 shares during the last quarter. Finally, Brookstone Capital Management boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the 2nd quarter. Brookstone Capital Management now owns 24,812 shares of the company’s stock valued at $2,015,000 after acquiring an additional 1,770 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.4 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.74 on Friday. The stock has a 50-day moving average price of $82.92 and a two-hundred day moving average price of $81.21. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $75.43 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, November 5th. Investors of record on Friday, November 1st will be given a dividend of $0.3166 per share. The ex-dividend date of this dividend is Friday, November 1st. This is an increase 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 4.71%.

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.