Hanover Advisors Inc. Lowers Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Posted by Grant Hamersma on Mar 1st, 2025

Hanover Advisors Inc. lowered its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Free Report) by 41.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,422 shares of the company’s stock after selling 2,432 shares during the quarter. Hanover Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $275,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Providence Capital Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $25,000. Midwest Capital Advisors LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $33,000. Nvwm LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after purchasing an additional 149 shares during the period. Sound Income Strategies LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 50.7% in the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock valued at $43,000 after purchasing an additional 179 shares during the period. Finally, Field & Main Bank acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $82.04 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25. The company has a 50-day moving average price of $80.54 and a 200 day moving average price of $81.71.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.3129 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, February 3rd.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

(Free Report)

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.