SouthState Corp Increases Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

SouthState Corp raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,354 shares of the company’s stock after acquiring an additional 1,412 shares during the quarter. SouthState Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $783,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Bull Oak Capital LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC raised its stake in 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 purchasing an additional 150 shares during the period. Pineridge Advisors LLC lifted its stake 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 boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the second quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after buying an additional 195 shares during the last quarter. Finally, Lynx Investment Advisory bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $81.17 on Wednesday. The firm has a fifty day simple moving average of $82.46 and a two-hundred day simple moving average of $81.45. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.35 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.3166 per share. This represents a $3.80 annualized dividend and a yield of 4.68%. This is a positive change 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.

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.