Brookstone Capital Management Has $3.39 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Brookstone Capital Management decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 40,875 shares of the company’s stock after selling 3,618 shares during the period. Brookstone Capital Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,389,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wallace Advisory Group LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the 2nd quarter. Wallace Advisory Group LLC now owns 4,984 shares of the company’s stock valued at $407,000 after purchasing an additional 149 shares in the last quarter. Whittier Trust Co. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.5% in the 2nd quarter. Whittier Trust Co. now owns 112,440 shares of the company’s stock valued at $9,323,000 after purchasing an additional 3,837 shares in the last quarter. Divergent Planning LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.2% in the 2nd quarter. Divergent Planning LLC now owns 93,132 shares of the company’s stock valued at $7,692,000 after purchasing an additional 2,045 shares in the last quarter. Berkeley Capital Partners LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.8% in the 2nd quarter. Berkeley Capital Partners LLC now owns 301,475 shares of the company’s stock valued at $24,998,000 after purchasing an additional 5,330 shares in the last quarter. Finally, Drive Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.4% in the 2nd quarter. Drive Wealth Management LLC now owns 51,568 shares of the company’s stock valued at $4,276,000 after purchasing an additional 3,107 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $84.60 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.80. The company’s fifty day moving average is $83.93 and its 200-day moving average is $82.45.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a $0.326 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Wednesday, October 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.