Banco Santander S.A. Invests $20.55 Million in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Banco Santander S.A. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 245,331 shares of the company’s stock, valued at approximately $20,546,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VCIT. Bull Oak Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $27,000. Sound Income Strategies LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares during the period. Pineridge Advisors LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the period. American National Bank boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the second quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after buying an additional 195 shares in the last quarter. Finally, Lynx Investment Advisory acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $81.19 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.60 and a 52-week high of $84.25. The stock’s fifty day simple moving average is $82.40 and its 200 day simple moving average is $81.45.

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 issued a dividend of $0.3166 per share. 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 dividend yield of 4.68%. 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.