Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Bank of Montreal Can

Bank of Montreal Can reduced its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 65.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 438,592 shares of the company’s stock after selling 830,399 shares during the quarter. Bank of Montreal Can owned 0.07% of Vanguard Intermediate-Term Corporate Bond ETF worth $36,820,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bull Oak Capital LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $27,000. Sound Income Strategies LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after buying an additional 150 shares during the period. American National Bank grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the second quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after buying an additional 195 shares during the period. Lynx Investment Advisory acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $42,000. Finally, Financial Gravity Asset Management Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 68,600.0% during the second quarter. Financial Gravity Asset Management Inc. now owns 687 shares of the company’s stock worth $55,000 after buying an additional 686 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $81.81 on Friday. The firm’s 50-day moving average is $82.12 and its two-hundred day moving average is $81.53. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.3166 dividend. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 annualized dividend and a dividend yield of 4.64%.

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.