SouthState Corp Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

SouthState Corp boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,354 shares of the company’s stock after purchasing an additional 1,412 shares during the period. SouthState Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $783,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Narus Financial Partners LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the 2nd quarter. Narus Financial Partners LLC now owns 4,648 shares of the company’s stock valued at $372,000 after buying an additional 124 shares during the period. Friedenthal Financial grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the third quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock worth $1,863,000 after purchasing an additional 124 shares during the last quarter. Vicus Capital increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 3rd quarter. Vicus Capital now owns 20,489 shares of the company’s stock valued at $1,716,000 after purchasing an additional 135 shares during the period. Novare Capital Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% in the 2nd quarter. Novare Capital Management LLC now owns 9,668 shares of the company’s stock worth $773,000 after buying an additional 137 shares during the period. Finally, Pineridge Advisors LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.17 on Wednesday. The business has a 50 day moving average of $82.46 and a 200 day moving average of $81.45. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.35 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.3166 dividend. 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 annualized dividend and a yield of 4.68%.

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.