Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 16,824 shares of the company’s stock after buying an additional 139 shares during the period. Kingsview Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,409,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Insight Advisors LLC PA purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $228,000. Vanguard Group Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after acquiring an additional 286,685 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock valued at $136,296,000 after acquiring an additional 75,446 shares during the last quarter. First Pacific Financial lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.1% in the 2nd quarter. First Pacific Financial now owns 275,356 shares of the company’s stock worth $22,009,000 after purchasing an additional 15,950 shares in the last quarter. Finally, Brookstone Capital Management boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the 2nd quarter. Brookstone Capital Management now owns 24,812 shares of the company’s stock worth $2,015,000 after purchasing an additional 1,770 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $81.59 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.68 and a 1 year high of $84.25. The business has a 50 day simple moving average of $82.20 and a 200-day simple moving average of $81.52.

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 issued a dividend of $0.3166 per share. This represents a $3.80 annualized dividend and a dividend yield of 4.66%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.