Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stock Holdings Lifted by Benjamin Edwards Inc.

Benjamin Edwards Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1,284.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 677,989 shares of the company’s stock after acquiring an additional 629,019 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 0.8% of Benjamin Edwards Inc.’s investment portfolio, making the stock its 18th biggest position. Benjamin Edwards Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $56,782,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Creative Planning increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the 3rd quarter. Creative Planning now owns 24,067,807 shares of the company’s stock worth $2,015,679,000 after purchasing an additional 395,318 shares during the last quarter. Prudential PLC raised 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 valued at $1,812,896,000 after buying an additional 10,210,788 shares in the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock worth $899,385,000 after buying an additional 375,394 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock worth $801,460,000 after acquiring an additional 2,914,442 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock valued at $305,403,000 after acquiring an additional 113,864 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.17 on Monday. The stock’s 50 day simple moving average is $82.08 and its 200 day simple moving average is $81.57. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 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. Investors of record on Friday, November 1st were issued a dividend of $0.3166 per share. This is an increase 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 4.62%. 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.