BIP Wealth LLC Has $3.96 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

BIP Wealth LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 12.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 47,266 shares of the company’s stock after buying an additional 5,051 shares during the quarter. BIP Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,959,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in VCIT. Bull Oak Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth $27,000. Sound Income Strategies LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares in the last quarter. Pineridge Advisors LLC increased its position in 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 valued at $33,000 after acquiring an additional 150 shares in the last quarter. American National Bank increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the 2nd quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after acquiring an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2 %

Shares of NASDAQ:VCIT opened at $81.02 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.35 and a one year high of $84.25. The company has a 50 day moving average of $82.51 and a 200-day moving average of $81.44.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared 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 is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Friday, November 1st. This represents a $3.80 annualized dividend and a dividend yield of 4.69%.

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.