Smith Moore & CO. Sells 2,319 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Smith Moore & CO. cut its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,875 shares of the company’s stock after selling 2,319 shares during the quarter. Smith Moore & CO.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,515,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Truvestments Capital LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 145.6% in the fourth 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 bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $28,000. Midwest Capital Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $33,000. Nvwm LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after buying an additional 149 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 50.7% during the 4th quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after buying an additional 179 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $81.79 on Friday. The business has a 50-day moving average of $81.24 and a 200-day moving average of $81.44. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.3189 dividend. This represents a $3.83 dividend on an annualized basis and a yield of 4.68%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Tuesday, April 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.