Peapack Gladstone Financial Corp Acquires 9,064 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Peapack Gladstone Financial Corp increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 40.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 31,370 shares of the company’s stock after acquiring an additional 9,064 shares during the period. Peapack Gladstone Financial Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,627,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VCIT. Friedenthal Financial increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the third quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock worth $1,863,000 after acquiring an additional 124 shares during the period. Trustmark National Bank Trust Department grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the third quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock worth $1,198,000 after purchasing an additional 134 shares in the last quarter. Vicus Capital increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 3rd quarter. Vicus Capital now owns 20,489 shares of the company’s stock worth $1,716,000 after purchasing an additional 135 shares during the period. Novare Capital Management LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the 2nd quarter. Novare Capital Management LLC now owns 9,668 shares of the company’s stock valued at $773,000 after purchasing an additional 137 shares in the last quarter. Finally, Kingsview Wealth Management LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after purchasing an additional 139 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $81.33 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.25. The business’s fifty day simple moving average is $81.73 and its 200-day simple moving average is $81.72.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.3166 per share. This represents a $3.80 annualized dividend and a yield of 4.67%. 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.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.