Iron Gate Global Advisors LLC Trims Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Iron Gate Global Advisors LLC decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 96.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,380 shares of the company’s stock after selling 307,881 shares during the period. Iron Gate Global Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $994,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in VCIT. Marshall Financial Group Inc. ADV lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.5% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock valued at $2,821,000 after purchasing an additional 2,139 shares during the period. Leeward Financial Partners LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 13.6% in the fourth quarter. Leeward Financial Partners LLC now owns 19,466 shares of the company’s stock worth $1,563,000 after purchasing an additional 2,325 shares in the last quarter. Brookstone Capital Management lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 39.8% during the fourth quarter. Brookstone Capital Management now owns 43,401 shares of the company’s stock valued at $3,484,000 after buying an additional 12,357 shares during the period. Arkadios Wealth Advisors bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $281,000. Finally, Timonier Family Office LTD. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $725,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.4 %

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.41 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.26. The company has a 50-day moving average of $81.13 and a 200 day moving average of $81.21.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a $0.3189 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.76%. The ex-dividend date was Tuesday, April 1st.

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.