EverSource Wealth Advisors LLC Sells 2,187 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

EverSource Wealth Advisors LLC trimmed its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.0% during the first quarter, HoldingsChannel.com reports. The fund owned 25,273 shares of the company’s stock after selling 2,187 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,980,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of VCIT. Stokes Family Office LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 37.1% in the fourth quarter. Stokes Family Office LLC now owns 24,052 shares of the company’s stock worth $1,955,000 after purchasing an additional 6,506 shares in the last quarter. Redmont Wealth Advisors LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 24.1% in the fourth quarter. Redmont Wealth Advisors LLC now owns 27,618 shares of the company’s stock worth $2,245,000 after purchasing an additional 5,368 shares in the last quarter. Total Clarity Wealth Management Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $316,000. Crewe Advisors LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 369.3% in the fourth quarter. Crewe Advisors LLC now owns 11,208 shares of the company’s stock worth $911,000 after purchasing an additional 8,820 shares in the last quarter. Finally, Greenwich Wealth Management LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.2% in the fourth quarter. Greenwich Wealth Management LLC now owns 23,467 shares of the company’s stock valued at $1,907,000 after buying an additional 275 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.8 %

NASDAQ:VCIT traded up $0.69 during mid-day trading on Friday, hitting $82.34. The company had a trading volume of 5,908,262 shares, compared to its average volume of 7,049,594. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $73.78 and a fifty-two week high of $82.36. The business’s fifty day moving average is $80.39 and its two-hundred day moving average is $79.94.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 5th. Shareholders of record on Thursday, August 1st will be paid a $0.3011 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date is Thursday, August 1st. This represents a $3.61 annualized dividend and a yield of 4.39%.

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.