Farther Finance Advisors LLC Sells 46,019 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Farther Finance Advisors LLC decreased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 61.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,364 shares of the company’s stock after selling 46,019 shares during the period. Farther Finance Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,249,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VCIT. Narus Financial Partners LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the second quarter. Narus Financial Partners LLC now owns 4,648 shares of the company’s stock valued at $372,000 after purchasing an additional 124 shares during the last quarter. Pineridge Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after buying an additional 150 shares in the last quarter. Bogart Wealth LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 20.8% in the fourth quarter. Bogart Wealth LLC now owns 935 shares of the company’s stock worth $76,000 after buying an additional 161 shares in the last quarter. AA Financial Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.3% in the second quarter. AA Financial Advisors LLC now owns 12,288 shares of the company’s stock worth $982,000 after buying an additional 162 shares in the last quarter. Finally, StoneX Group Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.3% in the first quarter. StoneX Group Inc. now owns 12,677 shares of the company’s stock worth $1,021,000 after buying an additional 166 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.2 %

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock traded down $0.14 on Friday, reaching $82.74. The stock had a trading volume of 4,189,408 shares, compared to its average volume of 6,899,955. The business’s 50 day moving average is $81.41 and its two-hundred day moving average is $80.23. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $83.28.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were paid a $0.3011 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27. This represents a $3.61 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date was Thursday, August 1st.

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.