MidAtlantic Capital Management Inc. Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

MidAtlantic Capital Management Inc. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 772 shares of the company’s stock, valued at approximately $65,000.

A number of other hedge funds also recently made changes to their positions in VCIT. Narus Financial Partners LLC increased its position in shares of 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 worth $372,000 after acquiring an additional 124 shares during the last quarter. Friedenthal Financial raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 3rd quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock worth $1,863,000 after purchasing an additional 124 shares during the period. Vicus Capital increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the third quarter. Vicus Capital now owns 20,489 shares of the company’s stock worth $1,716,000 after buying an additional 135 shares during the period. Novare Capital Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.4% in the 2nd quarter. Novare Capital Management LLC now owns 9,668 shares of the company’s stock worth $773,000 after acquiring an additional 137 shares during the period. Finally, Pineridge Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $81.02 on Tuesday. The business has a fifty day moving average of $82.51 and a 200-day moving average of $81.44. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.35 and a 1 year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.3166 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.69%. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.