Savvy Advisors Inc. Has $2.86 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Savvy Advisors Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 451.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,136 shares of the company’s stock after buying an additional 27,950 shares during the period. Savvy Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,859,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Prudential PLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the 2nd 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. JPMorgan Chase & Co. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the first quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock valued at $5,043,820,000 after acquiring an additional 3,892,110 shares during the period. Envestnet Asset Management Inc. increased 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 buying an additional 2,914,442 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% in 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 in the last quarter. Finally, Public Sector Pension Investment Board bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $127,888,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $81.30 on Tuesday. The company’s 50 day simple moving average is $82.73 and its 200-day simple moving average is $81.36. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $75.76 and a one year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.3166 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 dividend on an annualized basis and a yield of 4.67%.

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.