Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.1% during the third quarter, Holdings Channel.com reports. The fund owned 266,143 shares of the company’s stock after acquiring an additional 8,010 shares during the quarter. MML Investors Services LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $22,289,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VCIT. Creative Planning grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the 3rd quarter. Creative Planning now owns 24,067,807 shares of the company’s stock worth $2,015,679,000 after purchasing an additional 395,318 shares during the last quarter. Prudential PLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after buying an additional 10,210,788 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock valued at $899,385,000 after buying an additional 375,394 shares in the last quarter. 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 valued at $801,460,000 after acquiring an additional 2,914,442 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock worth $305,403,000 after acquiring an additional 113,864 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2 %

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.11 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.25. The stock’s fifty day moving average is $81.87 and its 200-day moving average is $81.67.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.3166 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a yield of 4.63%. This is a boost 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.