Sowell Financial Services LLC Boosts Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sowell Financial Services LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 10.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 96,315 shares of the company’s stock after purchasing an additional 8,989 shares during the period. Sowell Financial Services LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,101,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VCIT. Caldwell Trust Co bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at $25,000. Mattson Financial Services LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth about $28,000. Aspect Partners LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $28,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $31,000. Finally, NewSquare Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $83.97 on Friday. The business has a 50-day moving average of $84.02 and a 200-day moving average of $83.45. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were paid a $0.3223 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, December 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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.