Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Bought by Townsquare Capital LLC

Townsquare Capital LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,210,221 shares of the company’s stock after buying an additional 50,242 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 1.2% of Townsquare Capital LLC’s investment portfolio, making the stock its 12th largest holding. Townsquare Capital LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $101,356,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Cadence Bank purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $319,000. Shum Financial Group Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $742,000. Covington Investment Advisors Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.3% in the third quarter. Covington Investment Advisors Inc. now owns 97,867 shares of the company’s stock valued at $8,196,000 after purchasing an additional 4,969 shares during the period. D.A. Davidson & CO. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 8.4% during the 3rd quarter. D.A. Davidson & CO. now owns 13,621 shares of the company’s stock worth $1,141,000 after acquiring an additional 1,054 shares in the last quarter. Finally, Elios Financial Group Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $208,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1 %

Shares of NASDAQ:VCIT opened at $81.59 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.68 and a 1 year high of $84.25. The firm’s 50-day moving average is $82.20 and its two-hundred day moving average is $81.52.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

Vanguard Intermediate-Term Corporate Bond ETF 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.