Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. cut its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 15.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 171,574 shares of the company’s stock after selling 30,603 shares during the period. ST Germain D J Co. Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,772,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VCIT. Friedenthal Financial grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the third quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock worth $1,863,000 after acquiring an additional 124 shares during the last quarter. Trustmark National Bank Trust Department boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the 3rd quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock worth $1,198,000 after purchasing an additional 134 shares during the period. Vicus Capital grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 3rd quarter. Vicus Capital now owns 20,489 shares of the company’s stock worth $1,716,000 after purchasing an additional 135 shares during the last quarter. Kingsview Wealth Management LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after purchasing an additional 139 shares during the period. Finally, Sound Income Strategies LLC raised its holdings in shares of 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 buying an additional 150 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT traded down $0.35 during midday trading on Friday, reaching $79.51. 2,834,384 shares of the company were exchanged, compared to its average volume of 5,678,130. The stock has a fifty day simple moving average of $81.05 and a 200 day simple moving average of $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.3119 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date of this dividend was Tuesday, December 24th.

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.