Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stake Lowered by Occidental Asset Management LLC

Occidental Asset Management LLC cut its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 46.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,769 shares of the company’s stock after selling 3,319 shares during the quarter. Occidental Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $301,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 10.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 8,352 shares of the company’s stock valued at $679,000 after purchasing an additional 822 shares in the last quarter. Financial Counselors Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.5% during the 4th quarter. Financial Counselors Inc. now owns 7,388 shares of the company’s stock valued at $600,000 after purchasing an additional 384 shares in the last quarter. Cerity Partners LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 43.9% during the 4th quarter. Cerity Partners LLC now owns 44,680 shares of the company’s stock valued at $3,632,000 after purchasing an additional 13,625 shares in the last quarter. Valeo Financial Advisors LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 99.1% during the 4th quarter. Valeo Financial Advisors LLC now owns 14,268 shares of the company’s stock valued at $1,160,000 after purchasing an additional 7,101 shares in the last quarter. Finally, Tennessee Valley Asset Management Partners bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $87,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2 %

Shares of NASDAQ VCIT opened at $81.96 on Tuesday. The stock has a fifty day moving average price of $80.67 and a two-hundred day moving average price of $80.00. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $82.53.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a dividend of $0.3011 per share. This represents a $3.61 dividend on an annualized basis and a dividend yield of 4.41%. The ex-dividend date of this dividend was Thursday, August 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

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.