Avidian Wealth Enterprises LLC Boosts Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Avidian Wealth Enterprises LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 10,035 shares of the company’s stock after acquiring an additional 735 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $840,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Bull Oak Capital LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $27,000. Sound Income Strategies LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares during the period. Pineridge Advisors LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the period. American National Bank raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the 2nd quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after buying an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.7 %

Shares of VCIT stock opened at $80.80 on Thursday. The business’s fifty day moving average price is $82.80 and its 200 day moving average price is $81.27. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $75.75 and a 1-year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3166 per share. The ex-dividend date was Friday, November 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.70%.

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.