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

Benjamin Edwards Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1,284.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 677,989 shares of the company’s stock after buying an additional 629,019 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 0.8% of Benjamin Edwards Inc.’s investment portfolio, making the stock its 18th largest holding. Benjamin Edwards Inc. owned about 0.11% of Vanguard Intermediate-Term Corporate Bond ETF worth $56,782,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Plotkin Financial Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $540,000. Semmax Financial Advisors Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the third quarter. Semmax Financial Advisors Inc. now owns 26,641 shares of the company’s stock valued at $2,158,000 after purchasing an additional 697 shares during the period. Tradition Wealth Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 159.3% in the third quarter. Tradition Wealth Management LLC now owns 7,683 shares of the company’s stock worth $643,000 after purchasing an additional 4,720 shares during the period. Ironwood Investment Counsel LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.0% in the 3rd quarter. Ironwood Investment Counsel LLC now owns 28,389 shares of the company’s stock valued at $2,378,000 after buying an additional 291 shares in the last quarter. Finally, Flow Traders U.S. LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2,158.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 142,784 shares of the company’s stock valued at $11,958,000 after buying an additional 136,463 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.4 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.17 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.25. The firm has a 50 day simple moving average of $82.08 and a 200-day simple moving average of $81.57.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given 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 annualized dividend and a yield of 4.62%.

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.