TFB Advisors LLC Boosts Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

TFB Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,738 shares of the company’s stock after acquiring an additional 1,029 shares during the quarter. TFB Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $732,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in VCIT. Prudential PLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 81.9% during the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after purchasing an additional 10,210,788 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 1st quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock valued at $5,043,820,000 after buying an additional 3,892,110 shares in the last quarter. Envestnet Asset Management Inc. grew its position 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 worth $801,460,000 after buying an additional 2,914,442 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% during the 3rd 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 in the last quarter. Finally, Public Sector Pension Investment Board bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $127,888,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $81.56 on Friday. The company has a 50 day moving average of $82.80 and a two-hundred day moving average of $81.27. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $75.75 and a twelve month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.3166 per share. This is a positive change 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 4.66%. The ex-dividend date of this dividend 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.