TrinityPoint Wealth LLC Acquires 254 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

TrinityPoint Wealth LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,417 shares of the company’s stock after purchasing an additional 254 shares during the quarter. TrinityPoint Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,961,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Bull Oak Capital LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at $27,000. Sound Income Strategies LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after acquiring an additional 150 shares during the last quarter. Pineridge Advisors LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares during the last quarter. American National Bank raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the second quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after acquiring an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $80.89 on Monday. The company’s 50 day moving average is $82.56 and its 200-day moving average is $81.43. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.12 and a 1-year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business 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. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a yield of 4.70%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.