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

LPL Financial LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,738,931 shares of the company’s stock after buying an additional 375,394 shares during the period. LPL Financial LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $899,385,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VCIT. Vanguard Group Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after acquiring an additional 286,685 shares during the last quarter. CreativeOne Wealth LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 70.9% during the first quarter. CreativeOne Wealth LLC now owns 10,590 shares of the company’s stock worth $853,000 after purchasing an additional 4,392 shares during the period. Stonebridge Capital Advisors LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 62.6% in the 1st quarter. Stonebridge Capital Advisors LLC now owns 247,195 shares of the company’s stock valued at $19,902,000 after purchasing an additional 95,150 shares during the last quarter. 1832 Asset Management L.P. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 1st quarter. 1832 Asset Management L.P. now owns 768,981 shares of the company’s stock valued at $61,911,000 after purchasing an additional 5,491 shares during the last quarter. Finally, London & Capital Asset Management Ltd grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 74.5% in the 1st quarter. London & Capital Asset Management Ltd now owns 27,715 shares of the company’s stock valued at $2,231,000 after buying an additional 11,834 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2 %

VCIT stock opened at $81.03 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.58 and a one year high of $84.25. The firm’s 50 day moving average price is $82.40 and its 200-day moving average price is $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 paid a $0.3166 dividend. This represents a $3.80 annualized dividend and a dividend yield of 4.69%. The ex-dividend date was Friday, November 1st. This is a positive change 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.