Steele Capital Management Inc. Buys 18,638 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Steele Capital Management Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 382,380 shares of the company’s stock after buying an additional 18,638 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.7% of Steele Capital Management Inc.’s holdings, making the stock its 16th biggest position. Steele Capital Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $32,024,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VCIT. Prudential PLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after acquiring an additional 10,210,788 shares during the last quarter. Envestnet Asset Management Inc. boosted 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 purchasing an additional 2,914,442 shares during the last quarter. International Assets Investment Management LLC boosted its position in 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 valued at $199,560,000 after acquiring an additional 2,368,191 shares during the last quarter. Public Sector Pension Investment Board acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth approximately $127,888,000. Finally, Nepc LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 74.0% during the 1st quarter. Nepc LLC now owns 3,508,700 shares of the company’s stock worth $282,485,000 after buying an additional 1,492,093 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $81.03 on Thursday. The company’s 50-day moving average is $82.40 and its 200-day moving average is $81.45. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.58 and a 1 year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.3166 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date of this dividend was Friday, November 1st.

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.