Axxcess Wealth Management LLC Cuts Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Axxcess Wealth Management LLC trimmed its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,992 shares of the company’s stock after selling 332 shares during the period. Axxcess Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,009,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Prudential PLC boosted its holdings in shares of 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 period. JPMorgan Chase & Co. lifted its holdings in shares of 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 purchasing an additional 3,892,110 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of 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 purchasing an additional 2,914,442 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of 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 purchasing an additional 2,368,191 shares during the period. Finally, Public Sector Pension Investment Board acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $127,888,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.49 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $75.76 and a one year high of $84.25. The business has a fifty day moving average of $82.75 and a two-hundred day moving average of $81.33.

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 issued a $0.3166 dividend. 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 an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.