Diversified Portfolios Inc. Trims Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Diversified Portfolios Inc. decreased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.3% during the third quarter, Holdings Channel.com reports. The fund owned 22,564 shares of the company’s stock after selling 305 shares during the quarter. Diversified Portfolios Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,890,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Narus Financial Partners LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the second quarter. Narus Financial Partners LLC now owns 4,648 shares of the company’s stock valued at $372,000 after acquiring an additional 124 shares during the period. Friedenthal Financial lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 3rd quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock valued at $1,863,000 after purchasing an additional 124 shares during the last quarter. Vicus Capital raised 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 buying an additional 135 shares during the period. Novare Capital Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the second 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 increased its position 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 valued at $33,000 after acquiring an additional 150 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock traded up $0.08 during trading on Thursday, hitting $81.01. The stock had a trading volume of 1,508,944 shares, compared to its average volume of 6,976,600. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $76.66 and a 12 month high of $84.25. The firm’s fifty day simple moving average is $82.65 and its 200-day simple moving average is $81.37.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.3166 per share. This represents a $3.80 annualized dividend and a dividend yield of 4.69%. 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.

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.