Firestone Capital Management Trims Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Firestone Capital Management reduced its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 11,785 shares of the company’s stock after selling 156 shares during the period. Firestone Capital Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $958,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of VCIT. Cullen Frost Bankers Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 740.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 353 shares of the company’s stock worth $27,000 after buying an additional 311 shares during the last quarter. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at approximately $32,000. Evolution Advisers Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $35,000. AdvisorNet Financial Inc increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 344.8% in the 4th quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock valued at $42,000 after purchasing an additional 400 shares during the last quarter. Finally, Gradient Investments LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 56.3% in the 4th quarter. Gradient Investments LLC now owns 791 shares of the company’s stock valued at $64,000 after purchasing an additional 285 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT traded down $0.32 during trading on Tuesday, hitting $78.36. The company’s stock had a trading volume of 7,551,190 shares, compared to its average volume of 8,040,474. The business has a 50 day moving average price of $79.55 and a two-hundred day moving average price of $79.03. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $73.78 and a fifty-two week high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2944 per share. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28.

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.