Freedom Investment Management Inc. Trims Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Freedom Investment Management Inc. lowered its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 25,551 shares of the company’s stock after selling 1,173 shares during the quarter. Freedom Investment Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,140,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Bull Oak Capital LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $27,000. Sound Income Strategies LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after buying an additional 150 shares in the last quarter. American National Bank lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the 2nd quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after acquiring an additional 195 shares during the last quarter. Lynx Investment Advisory purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth $42,000. Finally, Financial Gravity Asset Management Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 68,600.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 687 shares of the company’s stock worth $55,000 after acquiring an additional 686 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $81.59 on Wednesday. The stock’s 50-day simple moving average is $82.20 and its two-hundred day simple moving average is $81.52. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.68 and a twelve month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.3166 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a yield of 4.66%.

Vanguard Intermediate-Term Corporate Bond ETF 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.