Kanawha Capital Management LLC Sells 1,555 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Kanawha Capital Management LLC lowered its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 32.3% in the third quarter, Holdings Channel reports. The firm owned 3,252 shares of the company’s stock after selling 1,555 shares during the quarter. Kanawha Capital Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $272,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Bull Oak Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at approximately $27,000. Sound Income Strategies LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares during the last quarter. Pineridge Advisors LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares in the last quarter. American National Bank raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the 2nd quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after purchasing an additional 195 shares during the period. Finally, Lynx Investment Advisory bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.5 %

Shares of VCIT opened at $81.14 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $75.64 and a 1 year high of $84.25. The stock has a 50 day simple moving average of $82.88 and a two-hundred day simple moving average of $81.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Investors of record on Friday, November 1st will be issued a $0.3166 dividend. This represents a $3.80 annualized dividend and a yield of 4.68%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date is Friday, November 1st.

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.