Cunning Capital Partners LP Sells 3,600 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Cunning Capital Partners LP lessened its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 34.0% during the fourth quarter, Holdings Channel reports. The fund owned 7,000 shares of the company’s stock after selling 3,600 shares during the period. Cunning Capital Partners LP’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $546,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in VCIT. Truvestments Capital LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% during the fourth quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after buying an additional 198 shares during the period. Tortoise Investment Management LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at about $28,000. Midwest Capital Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $33,000. Nvwm LLC boosted its holdings in shares of 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 during the period. Finally, Sound Income Strategies LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 50.7% during the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after purchasing an additional 179 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 1.0 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.68 on Thursday. The firm has a 50-day moving average of $81.19 and a 200-day moving average of $81.32. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued 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. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.