PNC Financial Services Group Inc. Increases Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

PNC Financial Services Group Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,646,603 shares of the company’s stock after buying an additional 113,864 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $305,403,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in VCIT. Blair William & Co. IL grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.3% during the 1st quarter. Blair William & Co. IL now owns 26,679 shares of the company’s stock worth $2,148,000 after purchasing an additional 609 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the first quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock worth $274,095,000 after buying an additional 286,685 shares during the last quarter. Lake Street Advisors Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $546,000. National Bank of Canada FI raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 732.0% during the 1st quarter. National Bank of Canada FI now owns 369,394 shares of the company’s stock valued at $29,223,000 after acquiring an additional 324,994 shares during the last quarter. Finally, Titan Global Capital Management USA LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 37.1% during the 1st quarter. Titan Global Capital Management USA LLC now owns 11,464 shares of the company’s stock valued at $923,000 after acquiring an additional 3,103 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2 %

Shares of VCIT stock opened at $81.02 on Tuesday. The business’s 50 day moving average is $82.51 and its two-hundred day moving average is $81.44. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.35 and a twelve month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.3166 dividend. 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 yield of 4.69%. The ex-dividend date of this dividend was Friday, November 1st.

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.