Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by US Financial Advisors LLC

US Financial Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.5% during the third quarter, HoldingsChannel.com reports. The fund owned 114,417 shares of the company’s stock after purchasing an additional 3,858 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 3.0% of US Financial Advisors LLC’s holdings, making the stock its 11th largest position. US Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $9,582,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 1st quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock worth $5,043,820,000 after purchasing an additional 3,892,110 shares during the last quarter. Creative Planning raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the third quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after buying an additional 395,318 shares during the last quarter. Prudential PLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% during the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock worth $1,812,896,000 after buying an additional 10,210,788 shares during the period. LPL Financial LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the second quarter. LPL Financial LLC now owns 10,363,537 shares of the company’s stock worth $828,357,000 after buying an additional 68,907 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 41.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock valued at $801,460,000 after acquiring an additional 2,914,442 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.7 %

VCIT opened at $80.80 on Thursday. The business has a 50 day moving average price of $82.80 and a two-hundred day moving average price of $81.27. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $75.75 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.3166 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Friday, November 1st. This represents a $3.80 annualized dividend and a dividend yield of 4.70%.

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.