Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. lowered its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 18.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,600 shares of the company’s stock after selling 1,235 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $455,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 740.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 353 shares of the company’s stock valued at $27,000 after purchasing an additional 311 shares during the period. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $32,000. Evolution Advisers Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $35,000. AdvisorNet Financial Inc grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 344.8% during the 4th quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock valued at $42,000 after acquiring an additional 400 shares during the period. Finally, Gradient Investments LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 56.3% during the 4th quarter. Gradient Investments LLC now owns 791 shares of the company’s stock valued at $64,000 after acquiring an additional 285 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $78.36 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.78 and a 12 month high of $81.65. The stock’s 50 day moving average is $79.52 and its two-hundred day moving average is $79.05.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.2944 per share. The ex-dividend date was Monday, April 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28.

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.