Manning & Napier Advisors LLC Sells 37,241 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Manning & Napier Advisors LLC reduced its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 37.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 63,067 shares of the company’s stock after selling 37,241 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,062,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Friedenthal Financial boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 3rd 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 lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the third 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 in the last quarter. Vicus Capital boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the third 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. Geneos Wealth Management Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock valued at $596,000 after purchasing an additional 138 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its position 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 in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $80.77 on Thursday. The company’s 50-day moving average price is $80.79 and its two-hundred day moving average price is $81.77. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous 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.