Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by TPG Financial Advisors LLC

TPG Financial Advisors LLC lowered its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 30.5% in the first quarter, HoldingsChannel.com reports. The firm owned 57,714 shares of the company’s stock after selling 25,315 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 2.1% of TPG Financial Advisors LLC’s holdings, making the stock its 18th largest position. TPG Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,719,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% in the fourth quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after acquiring an additional 198 shares during the last quarter. Tortoise Investment Management LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $28,000. Midwest Capital Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $33,000. Transce3nd LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $35,000. Finally, Noble Wealth Management PBC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at $38,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $81.56 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.26. The firm has a fifty day moving average price of $80.99 and a 200 day moving average price of $80.99.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a $0.328 dividend. The ex-dividend date was Monday, June 2nd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.94 dividend on an annualized basis and a yield of 4.83%.

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.