Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Hilton Capital Management LLC’s 7th Largest Position

Hilton Capital Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 482,620 shares of the company’s stock after acquiring an additional 17,085 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 3.1% of Hilton Capital Management LLC’s investment portfolio, making the stock its 7th largest holding. Hilton Capital Management LLC owned about 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $40,419,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VCIT. Commerce Bank grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 63.3% in the 3rd quarter. Commerce Bank now owns 24,342 shares of the company’s stock worth $2,039,000 after buying an additional 9,440 shares during the period. Kraft Davis & Associates LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $453,000. Avior Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.7% in the 3rd quarter. Avior Wealth Management LLC now owns 181,950 shares of the company’s stock worth $15,238,000 after buying an additional 8,132 shares during the last quarter. Counterweight Ventures LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 14.4% in the 3rd quarter. Counterweight Ventures LLC now owns 38,408 shares of the company’s stock worth $3,217,000 after buying an additional 4,822 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% during the third quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock valued at $305,403,000 after buying an additional 113,864 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $81.17 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.35 and a 12 month high of $84.25. The stock’s fifty day moving average price is $82.46 and its 200-day moving average price is $81.45.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.3166 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date of this dividend was Friday, November 1st.

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.