EverSource Wealth Advisors LLC Decreases Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

EverSource Wealth Advisors LLC decreased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.8% in the 3rd quarter, Holdings Channel reports. The fund owned 22,104 shares of the company’s stock after selling 407 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,851,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in VCIT. Bull Oak Capital LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $27,000. Sound Income Strategies LLC raised its holdings in shares of 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 valued at $30,000 after buying an additional 150 shares in the last quarter. Pineridge Advisors LLC raised its holdings in shares of 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 valued at $33,000 after buying an additional 150 shares in the last quarter. American National Bank increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the 2nd quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after purchasing an additional 195 shares during the period. Finally, Lynx Investment Advisory purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $81.03 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.58 and a 52-week high of $84.25. The stock’s 50 day moving average price is $82.40 and its 200-day moving average price is $81.45.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.3166 dividend. This represents a $3.80 annualized dividend and a yield of 4.69%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Friday, November 1st.

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.