Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Drive Wealth Management LLC

Drive Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 12.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,702 shares of the company’s stock after acquiring an additional 5,462 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 1.0% of Drive Wealth Management LLC’s holdings, making the stock its 15th biggest position. Drive Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,995,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Bull Oak Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at approximately $27,000. Sound Income Strategies LLC boosted its holdings in 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 period. Pineridge Advisors LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the period. American National Bank increased 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 purchasing an additional 195 shares during the last quarter. Finally, Lynx Investment Advisory acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

NASDAQ VCIT opened at $80.89 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.12 and a one year high of $84.25. The company has a 50-day simple moving average of $82.56 and a 200-day simple moving average of $81.43.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.3166 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date was 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.