Stonebridge Financial Planning Group LLC Buys 2,460 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Stonebridge Financial Planning Group LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,581 shares of the company’s stock after acquiring an additional 2,460 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 1.5% of Stonebridge Financial Planning Group LLC’s holdings, making the stock its 12th largest holding. Stonebridge Financial Planning Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,231,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Prudential PLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 81.9% during the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock worth $1,812,896,000 after purchasing an additional 10,210,788 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the 2nd 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 period. International Assets Investment Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% during the 3rd quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock worth $199,560,000 after buying an additional 2,368,191 shares during the period. Public Sector Pension Investment Board acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $127,888,000. Finally, Nepc LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 74.0% in the first quarter. Nepc LLC now owns 3,508,700 shares of the company’s stock valued at $282,485,000 after acquiring an additional 1,492,093 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2 %

Shares of NASDAQ VCIT traded down $0.20 during midday trading on Wednesday, reaching $80.97. 331,374 shares of the company traded hands, compared to its average volume of 6,962,177. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.58 and a 12 month high of $84.25. The stock’s 50-day simple moving average is $82.46 and its 200-day simple moving average is $81.45.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.