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

Sequoia Financial Advisors LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 25.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 753,910 shares of the company’s stock after purchasing an additional 153,431 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $61,640,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Greenspring Advisors LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the first quarter. Greenspring Advisors LLC now owns 7,600 shares of the company’s stock worth $621,000 after buying an additional 126 shares during the last quarter. Diversified Portfolios Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the first quarter. Diversified Portfolios Inc. now owns 23,221 shares of the company’s stock worth $1,899,000 after buying an additional 131 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 5,050 shares of the company’s stock worth $413,000 after buying an additional 135 shares during the last quarter. Petra Financial Advisors Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the fourth 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. Finally, Continuum Advisory LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the first quarter. Continuum Advisory LLC now owns 3,500 shares of the company’s stock worth $286,000 after buying an additional 160 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $82.41 on Thursday. The stock’s fifty day moving average is $81.26 and its two-hundred day moving average is $80.99. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.328 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.94 dividend on an annualized basis and a yield of 4.78%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32.

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.