Mariner LLC Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Mariner LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 342,592 shares of the company’s stock after buying an additional 11,383 shares during the quarter. Mariner LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $27,500,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of VCIT. SageView Advisory Group LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 28.2% during the 4th quarter. SageView Advisory Group LLC now owns 43,562 shares of the company’s stock worth $3,497,000 after purchasing an additional 9,585 shares in the last quarter. Keystone Financial Group acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $518,000. TME Financial Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $2,739,000. Synovus Financial Corp boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 64.2% during the fourth quarter. Synovus Financial Corp now owns 38,516 shares of the company’s stock worth $3,093,000 after buying an additional 15,064 shares in the last quarter. Finally, Summit Investment Advisors Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the fourth quarter. Summit Investment Advisors Inc. now owns 198,938 shares of the company’s stock worth $15,969,000 after buying an additional 11,361 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.4 %

VCIT stock opened at $80.41 on Wednesday. The firm has a 50 day moving average of $81.13 and a 200-day moving average of $81.21. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a dividend of $0.3189 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 annualized dividend and a yield of 4.76%.

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.