Kanawha Capital Management LLC Sells 1,555 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Kanawha Capital Management LLC decreased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 32.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,252 shares of the company’s stock after selling 1,555 shares during the quarter. Kanawha Capital Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $272,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Insight Advisors LLC PA bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $228,000. Vanguard Group Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the first quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after purchasing an additional 286,685 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock valued at $136,296,000 after purchasing an additional 75,446 shares during the period. First Pacific Financial increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the 2nd quarter. First Pacific Financial now owns 275,356 shares of the company’s stock worth $22,009,000 after acquiring an additional 15,950 shares during the period. Finally, Brookstone Capital Management raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the 2nd quarter. Brookstone Capital Management now owns 24,812 shares of the company’s stock valued at $2,015,000 after acquiring an additional 1,770 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $81.14 on Tuesday. The business has a 50 day moving average of $82.88 and a 200 day moving average of $81.25. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $75.64 and a 1-year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be paid a $0.3166 dividend. This is a boost 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 dividend yield of 4.68%. The ex-dividend date is Friday, November 1st.

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.