Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. lessened its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 23.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 425 shares of the company’s stock after selling 130 shares during the period. Salem Investment Counselors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $35,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of 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 purchasing an additional 198 shares during the last quarter. Tortoise Investment Management LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $28,000. Midwest Capital Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $33,000. Transce3nd LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $35,000. Finally, Noble Wealth Management PBC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth approximately $38,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $81.56 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.26. The business’s 50 day moving average is $80.99 and its 200-day moving average is $80.98.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a $0.328 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 2nd. This represents a $3.94 annualized dividend and a yield of 4.83%.

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.