Carmichael Hill & Associates Inc. Raises Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Carmichael Hill & Associates Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 39.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,907 shares of the company’s stock after buying an additional 538 shares during the period. Carmichael Hill & Associates Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $160,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Norden Group LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $870,000. BNP Paribas Financial Markets grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 40.6% during the 1st quarter. BNP Paribas Financial Markets now owns 663,574 shares of the company’s stock worth $53,424,000 after buying an additional 191,527 shares during the last quarter. BNP Paribas acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth approximately $113,000. Graypoint LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the first quarter. Graypoint LLC now owns 13,277 shares of the company’s stock valued at $1,069,000 after buying an additional 584 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.1% in the first quarter. Daiwa Securities Group Inc. now owns 46,550 shares of the company’s stock valued at $3,748,000 after acquiring an additional 500 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $80.74 on Friday. The company’s 50 day simple moving average is $82.92 and its 200-day simple moving average is $81.21. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $75.43 and a 12-month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st will be given a dividend of $0.3166 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 annualized dividend and a yield of 4.71%. The ex-dividend date of this dividend is Friday, November 1st.

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.