Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by Portside Wealth Group LLC

Portside Wealth Group LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,224 shares of the company’s stock after acquiring an additional 7,446 shares during the quarter. Portside Wealth Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,206,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Prudential PLC boosted its holdings 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 worth $1,812,896,000 after buying an additional 10,210,788 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the first quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock worth $5,043,820,000 after buying an additional 3,892,110 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the second 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 in the last quarter. International Assets Investment Management LLC boosted its holdings 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 worth $199,560,000 after buying an additional 2,368,191 shares in the last quarter. Finally, Public Sector Pension Investment Board purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $127,888,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $81.56 on Friday. The company’s 50-day moving average price is $82.80 and its 200 day moving average price is $81.27. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $75.75 and a 52 week 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. Shareholders of record on Friday, November 1st were given a dividend of $0.3166 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a yield of 4.66%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.