Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC lowered its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.1% during the third quarter, Holdings Channel reports. The firm owned 407,727 shares of the company’s stock after selling 66,955 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 6.9% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its 3rd largest position. Lebenthal Global Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $34,147,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Insight Advisors LLC PA acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $228,000. Vanguard Group Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after purchasing an additional 286,685 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock valued at $136,296,000 after purchasing an additional 75,446 shares during the period. First Pacific Financial grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the 2nd quarter. First Pacific Financial now owns 275,356 shares of the company’s stock worth $22,009,000 after buying an additional 15,950 shares during the last quarter. Finally, Brookstone Capital Management increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the second quarter. Brookstone Capital Management now owns 24,812 shares of the company’s stock worth $2,015,000 after buying an additional 1,770 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT traded down $0.08 on Friday, reaching $81.29. The stock had a trading volume of 584,968 shares, compared to its average volume of 6,990,639. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $75.43 and a 12-month high of $84.25. The business’s 50-day moving average price is $82.97 and its 200 day moving average price is $81.17.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.301 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date was Tuesday, September 3rd.

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.