Parsons Capital Management Inc. RI Cuts Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Parsons Capital Management Inc. RI lowered its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,781 shares of the company’s stock after selling 256 shares during the period. Parsons Capital Management Inc. RI’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of VCIT. Providence Capital Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth $25,000. Bull Oak Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $27,000. Sound Income Strategies LLC lifted its position 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 buying an additional 150 shares in the last quarter. GAMMA Investing LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at approximately $65,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at approximately $65,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.5 %

Shares of VCIT opened at $80.85 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25. The business’s 50 day simple moving average is $80.80 and its 200-day simple moving average is $81.77.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a dividend of $0.3119 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date was Tuesday, December 24th.

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.