Stonebridge Financial Planning Group LLC Buys 2,460 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Stonebridge Financial Planning Group LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.8% in the third quarter, HoldingsChannel reports. The fund owned 38,581 shares of the company’s stock after acquiring an additional 2,460 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.5% of Stonebridge Financial Planning Group LLC’s holdings, making the stock its 12th largest position. Stonebridge Financial Planning Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,231,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of VCIT. Prudential PLC raised its position in 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 worth $1,812,896,000 after purchasing an additional 10,210,788 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of 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 buying an additional 2,914,442 shares during the period. International Assets Investment Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% during the third 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 last quarter. Public Sector Pension Investment Board acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at $127,888,000. Finally, Nepc LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 74.0% in the first quarter. Nepc LLC now owns 3,508,700 shares of the company’s stock valued at $282,485,000 after acquiring an additional 1,492,093 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock traded down $0.20 during midday trading on Wednesday, reaching $80.97. The stock had a trading volume of 331,374 shares, compared to its average volume of 6,962,177. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.58 and a twelve month high of $84.25. The business has a fifty day simple moving average of $82.46 and a two-hundred day simple moving average of $81.45.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.3166 per share. This is a boost 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 4.69%.

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.