Daiwa Securities Group Inc. Acquires 2,500 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Daiwa Securities Group Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 52,790 shares of the company’s stock after purchasing an additional 2,500 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,421,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bull Oak Capital LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $27,000. Sound Income Strategies LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares in the last quarter. American National Bank grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the second quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after purchasing an additional 195 shares during the last quarter. Lynx Investment Advisory bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $42,000. Finally, Financial Gravity Asset Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 68,600.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 687 shares of the company’s stock valued at $55,000 after purchasing an additional 686 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

NASDAQ:VCIT opened at $81.59 on Wednesday. The stock’s fifty day moving average price is $82.20 and its two-hundred day moving average price is $81.52. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.68 and a 52-week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.3166 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.66%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.