Tradition Wealth Management LLC Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Tradition Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 159.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,683 shares of the company’s stock after buying an additional 4,720 shares during the quarter. Tradition Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $643,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VCIT. Providence Capital Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $25,000. Bull Oak Capital LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth $27,000. Sound Income Strategies LLC grew its stake 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 purchasing an additional 150 shares during the last quarter. American National Bank raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the second quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after purchasing an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.4 %

NASDAQ VCIT opened at $82.17 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25. The company has a 50 day moving average price of $82.08 and a 200 day moving average price of $81.57.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3166 per share. This represents a $3.80 annualized dividend and a dividend yield of 4.62%. The ex-dividend date of this dividend was Friday, November 1st. 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 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.