Anchor Investment Management LLC Lowers Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Anchor Investment Management LLC reduced its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 45.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,750 shares of the company’s stock after selling 1,448 shares during the period. Anchor Investment Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $140,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Insight Advisors LLC PA purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $228,000. Capital Asset Advisory Services LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 12.4% during the 1st quarter. Capital Asset Advisory Services LLC now owns 17,337 shares of the company’s stock valued at $1,379,000 after purchasing an additional 1,919 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 13.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 9,475 shares of the company’s stock valued at $770,000 after purchasing an additional 1,128 shares in the last quarter. Novak & Powell Financial Services Inc. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $1,463,000. Finally, Vanguard Group Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after purchasing an additional 286,685 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $82.80 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $73.78 and a fifty-two week high of $84.25. The firm has a 50-day simple moving average of $82.94 and a two-hundred day simple moving average of $80.86.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.301 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 3rd.

Vanguard Intermediate-Term Corporate Bond ETF 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.