Dearborn Partners LLC Has $1.97 Million Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Dearborn Partners LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,470 shares of the company’s stock after buying an additional 418 shares during the period. Dearborn Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,966,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VCIT. Narus Financial Partners LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the second quarter. Narus Financial Partners LLC now owns 4,648 shares of the company’s stock worth $372,000 after purchasing an additional 124 shares during the last quarter. Friedenthal Financial grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 3rd quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock valued at $1,863,000 after acquiring an additional 124 shares in the last quarter. Vicus Capital grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 3rd quarter. Vicus Capital now owns 20,489 shares of the company’s stock valued at $1,716,000 after acquiring an additional 135 shares in the last quarter. Novare Capital Management LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the second quarter. Novare Capital Management LLC now owns 9,668 shares of the company’s stock worth $773,000 after acquiring an additional 137 shares in the last quarter. Finally, Pineridge Advisors LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $80.82 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $76.66 and a twelve month high of $84.25. The business has a 50 day moving average price of $82.65 and a two-hundred day moving average price of $81.37.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.