Freedom Investment Management Inc. Sells 1,173 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Freedom Investment Management Inc. reduced its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,551 shares of the company’s stock after selling 1,173 shares during the quarter. Freedom Investment Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Creative Planning raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the 3rd quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after acquiring an additional 395,318 shares during the period. Prudential PLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after purchasing an additional 10,210,788 shares during the period. LPL Financial LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the 3rd quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock valued at $899,385,000 after buying an additional 375,394 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock valued at $801,460,000 after buying an additional 2,914,442 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock worth $305,403,000 after buying an additional 113,864 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $81.59 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.68 and a 1 year high of $84.25. The stock’s fifty day moving average price is $82.20 and its two-hundred day moving average price is $81.52.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.3166 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.80 annualized dividend and a yield of 4.66%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.