Tidal Investments LLC Increases Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Tidal Investments LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 27.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,425 shares of the company’s stock after acquiring an additional 3,363 shares during the quarter. Tidal Investments LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,287,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of VCIT. Creative Planning boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the 3rd quarter. Creative Planning now owns 24,067,807 shares of the company’s stock worth $2,015,679,000 after purchasing an additional 395,318 shares in the last quarter. Prudential PLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in 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 in the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock valued at $899,385,000 after buying an additional 375,394 shares during the last quarter. Envestnet Asset Management Inc. increased its position 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 valued at $801,460,000 after acquiring an additional 2,914,442 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock worth $305,403,000 after acquiring an additional 113,864 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 1.0 %

VCIT stock opened at $80.53 on Thursday. The stock’s 50 day simple moving average is $81.65 and its 200 day simple moving average is $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.3166 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 annualized dividend and a dividend yield of 4.72%.

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.