Wescott Financial Advisory Group LLC Grows Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Wescott Financial Advisory Group LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,874 shares of the company’s stock after buying an additional 238 shares during the quarter. Wescott Financial Advisory Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of VCIT. Prudential PLC raised its stake in shares of 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 last quarter. Envestnet Asset Management Inc. grew its holdings 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 acquiring an additional 2,914,442 shares during the period. International Assets Investment Management LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% during the third quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock worth $199,560,000 after acquiring an additional 2,368,191 shares during the period. Public Sector Pension Investment Board acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $127,888,000. Finally, Nepc LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 74.0% during the first quarter. Nepc LLC now owns 3,508,700 shares of the company’s stock worth $282,485,000 after acquiring an additional 1,492,093 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

Shares of VCIT stock opened at $81.02 on Friday. The business’s fifty day moving average price is $82.29 and its 200 day moving average price is $81.47. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.60 and a 1-year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.3166 dividend. 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 yield of 4.69%.

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.