SageView Advisory Group LLC Increases Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

SageView Advisory Group LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 23.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,977 shares of the company’s stock after acquiring an additional 6,555 shares during the quarter. SageView Advisory Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,846,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Prudential PLC increased its position 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 purchasing an additional 10,210,788 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the second quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock worth $801,460,000 after buying an additional 2,914,442 shares during the period. International Assets Investment Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% during the 3rd quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock worth $199,560,000 after acquiring an additional 2,368,191 shares during the period. Public Sector Pension Investment Board purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $127,888,000. Finally, Bank of Montreal Can increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 121.4% in the 2nd quarter. Bank of Montreal Can now owns 1,268,991 shares of the company’s stock worth $102,040,000 after buying an additional 695,871 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3 %

NASDAQ VCIT opened at $82.04 on Thursday. The stock has a 50-day simple moving average of $81.97 and a two-hundred day simple moving average of $81.61. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.3166 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a yield of 4.63%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.