Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Bought by Passumpsic Savings Bank

Passumpsic Savings Bank grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 51,084 shares of the company’s stock after purchasing an additional 4,545 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 2.8% of Passumpsic Savings Bank’s holdings, making the stock its 4th largest holding. Passumpsic Savings Bank’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Creative Planning lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the third quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after acquiring an additional 395,318 shares during the last quarter. Prudential PLC lifted its stake in 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 purchasing an additional 10,210,788 shares during the last quarter. LPL Financial LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock worth $899,385,000 after purchasing an additional 375,394 shares during the period. Envestnet Asset Management Inc. increased its position 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 during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the third quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock valued at $305,403,000 after buying an additional 113,864 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

VCIT opened at $82.05 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.25. The business has a 50 day moving average of $81.87 and a 200-day moving average of $81.67.

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 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. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.80 annualized dividend and a yield of 4.63%.

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.