Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Virtue Capital Management LLC

Virtue Capital Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,487 shares of the company’s stock after acquiring an additional 3,109 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 1.1% of Virtue Capital Management LLC’s holdings, making the stock its 23rd largest position. Virtue Capital Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,736,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VCIT. Creative Planning increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the third quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after purchasing an additional 395,318 shares during the last quarter. Prudential PLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the 2nd quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after buying an additional 10,210,788 shares during the period. LPL Financial LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the 3rd 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. raised its stake in 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 acquiring an additional 2,914,442 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the third 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 Performance

Shares of VCIT stock opened at $82.05 on Wednesday. The business has a 50 day moving average of $81.87 and a two-hundred day moving average of $81.67. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business 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 was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a yield of 4.63%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.