Lifeworks Advisors LLC Acquires Shares of 5,808 Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Lifeworks Advisors LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 5,808 shares of the company’s stock, valued at approximately $486,000.

Other institutional investors have also modified their holdings of the company. Bull Oak Capital LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $27,000. Sound Income Strategies LLC grew its holdings in 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 acquiring an additional 150 shares during the period. Pineridge Advisors LLC grew its holdings 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 acquiring an additional 150 shares during the period. American National Bank grew its holdings in 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 worth $38,000 after acquiring an additional 195 shares during the period. Finally, Lynx Investment Advisory acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

Shares of VCIT stock opened at $80.82 on Friday. The business’s fifty day moving average price is $82.65 and its 200 day moving average price is $81.37. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $76.66 and a 1-year 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. Shareholders of record on Friday, November 1st were given a dividend of $0.3166 per share. This represents a $3.80 dividend on an annualized basis and a yield of 4.70%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Friday, November 1st.

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.