Firestone Capital Management Sells 156 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Firestone Capital Management decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,785 shares of the company’s stock after selling 156 shares during the quarter. Firestone Capital Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $958,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in VCIT. Prudential PLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the 3rd quarter. Prudential PLC now owns 9,778,515 shares of the company’s stock valued at $742,972,000 after acquiring an additional 4,402,033 shares in the last quarter. Johns Hopkins University acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $246,285,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 46,962.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,943,274 shares of the company’s stock valued at $223,630,000 after purchasing an additional 2,937,020 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 36.2% in the third quarter. Ameriprise Financial Inc. now owns 8,513,980 shares of the company’s stock valued at $647,208,000 after purchasing an additional 2,262,458 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.2% during the 3rd quarter. Royal Bank of Canada now owns 10,642,263 shares of the company’s stock worth $808,597,000 after buying an additional 1,933,732 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

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

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 issued a $0.2944 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date was Monday, April 1st.

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.