PNC Financial Services Group Inc. Boosts Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

PNC Financial Services Group Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,646,603 shares of the company’s stock after acquiring an additional 113,864 shares during the period. PNC Financial Services Group Inc. owned 0.59% of Vanguard Intermediate-Term Corporate Bond ETF worth $305,403,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VCIT. Narus Financial Partners LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the second quarter. Narus Financial Partners LLC now owns 4,648 shares of the company’s stock worth $372,000 after buying an additional 124 shares in the last quarter. Friedenthal Financial increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the 3rd quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock valued at $1,863,000 after purchasing an additional 124 shares during the last quarter. Vicus Capital increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 3rd quarter. Vicus Capital now owns 20,489 shares of the company’s stock valued at $1,716,000 after purchasing an additional 135 shares during the last quarter. Novare Capital Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the 2nd quarter. Novare Capital Management LLC now owns 9,668 shares of the company’s stock worth $773,000 after purchasing an additional 137 shares during the last quarter. Finally, Pineridge Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $81.02 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.35 and a 12 month high of $84.25. The business’s fifty day moving average price is $82.51 and its 200 day moving average price is $81.44.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.3166 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.69%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.