Kraft Davis & Associates LLC Makes New $453,000 Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Kraft Davis & Associates LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,567 shares of the company’s stock, valued at approximately $453,000.

Several other large investors also recently modified their holdings of the stock. Bull Oak Capital LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $27,000. Sound Income Strategies LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares in the last quarter. Pineridge Advisors LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the last quarter. American National Bank boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the 2nd quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after purchasing an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $81.17 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.35 and a twelve month high of $84.25. The business has a fifty day simple moving average of $82.46 and a 200 day simple moving average of $81.45.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.3166 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.