Canal Capital Management LLC Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Canal Capital Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,401 shares of the company’s stock, valued at approximately $995,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock worth $596,000 after buying an additional 138 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the fourth quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock valued at $265,000 after purchasing an additional 144 shares in the last quarter. Stablepoint Partners LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% in the fourth quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after purchasing an additional 144 shares during the last quarter. Nvwm LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after purchasing an additional 149 shares in the last quarter. Finally, Petra Financial Advisors Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 4th quarter. Petra Financial Advisors Inc. now owns 22,611 shares of the company’s stock worth $1,815,000 after buying an additional 156 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.0 %

NASDAQ VCIT opened at $80.74 on Monday. The firm’s fifty day moving average price is $81.13 and its 200 day moving average price is $81.13. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.86 and a 12 month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a dividend of $0.3189 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Tuesday, April 1st. This represents a $3.83 annualized dividend and a yield of 4.74%.

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.