Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI cut its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,534 shares of the company’s stock after selling 1,247 shares during the period. Parsons Capital Management Inc. RI’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,251,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Leeward Financial Partners LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 13.6% during the fourth quarter. Leeward Financial Partners LLC now owns 19,466 shares of the company’s stock valued at $1,563,000 after purchasing an additional 2,325 shares during the last quarter. Timonier Family Office LTD. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $725,000. Atlas Capital Advisors Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 60.8% during the fourth quarter. Atlas Capital Advisors Inc. now owns 7,888 shares of the company’s stock valued at $633,000 after purchasing an additional 2,982 shares during the last quarter. Berkeley Capital Partners LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.6% during the fourth quarter. Berkeley Capital Partners LLC now owns 289,715 shares of the company’s stock valued at $23,255,000 after purchasing an additional 7,311 shares during the last quarter. Finally, Triumph Capital Management acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $341,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $81.33 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.26. The firm has a 50 day simple moving average of $80.93 and a 200 day simple moving average of $80.98.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a $0.328 dividend. This represents a $3.94 annualized dividend and a dividend yield of 4.84%. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32.

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.