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

Financial Freedom LLC lessened its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 173,046 shares of the company’s stock after selling 37,211 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 8.1% of Financial Freedom LLC’s holdings, making the stock its biggest holding. Financial Freedom LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $14,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. Pacific Capital Wealth Advisors Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.2% during the first quarter. Pacific Capital Wealth Advisors Inc. now owns 373,363 shares of the company’s stock worth $30,526,000 after buying an additional 7,872 shares during the period. Edge Financial Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $839,000. NBT Bank N A NY boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the first quarter. NBT Bank N A NY now owns 24,639 shares of the company’s stock worth $2,014,000 after buying an additional 855 shares during the period. Robertson Stephens Wealth Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.8% during the first quarter. Robertson Stephens Wealth Management LLC now owns 848,701 shares of the company’s stock worth $69,390,000 after buying an additional 15,241 shares during the period. Finally, Vicus Capital boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.9% in the first quarter. Vicus Capital now owns 21,652 shares of the company’s stock valued at $1,770,000 after purchasing an additional 812 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $81.52 on Tuesday. The firm has a 50 day simple moving average of $81.02 and a 200-day simple moving average of $80.97. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a $0.328 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 2nd. This represents a $3.94 annualized dividend and a dividend yield of 4.83%.

About Vanguard Intermediate-Term Corporate Bond ETF

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.