Guggenheim Capital LLC Reduces Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Guggenheim Capital LLC reduced its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 95.9% during the 4th quarter, Holdings Channel reports. The fund owned 97,012 shares of the company’s stock after selling 2,246,368 shares during the period. Guggenheim Capital LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,787,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Truvestments Capital LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% in the 4th quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after purchasing an additional 198 shares during the last quarter. Tortoise Investment Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $28,000. Midwest Capital Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $33,000. Nvwm LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after acquiring an additional 149 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 50.7% during the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after acquiring an additional 179 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0 %

Shares of VCIT opened at $80.74 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.86 and a fifty-two week high of $84.26. The stock has a fifty day moving average of $81.13 and a two-hundred day moving average of $81.19.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.3189 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.74%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32.

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.