MidAtlantic Capital Management Inc. Invests $65,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

MidAtlantic Capital Management Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 772 shares of the company’s stock, valued at approximately $65,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Blair William & Co. IL lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.3% during the 1st quarter. Blair William & Co. IL now owns 26,679 shares of the company’s stock worth $2,148,000 after acquiring an additional 609 shares during the period. Vanguard Group Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after acquiring an additional 286,685 shares during the last quarter. Lake Street Advisors Group LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth approximately $546,000. National Bank of Canada FI increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 732.0% during the first quarter. National Bank of Canada FI now owns 369,394 shares of the company’s stock worth $29,223,000 after buying an additional 324,994 shares in the last quarter. Finally, Titan Global Capital Management USA LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 37.1% in the 1st quarter. Titan Global Capital Management USA LLC now owns 11,464 shares of the company’s stock valued at $923,000 after purchasing an additional 3,103 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2 %

Shares of VCIT opened at $81.02 on Tuesday. The stock has a fifty day moving average of $82.51 and a two-hundred day moving average of $81.44. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.35 and a fifty-two week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.3166 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 annualized dividend and a dividend yield of 4.69%.

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.