Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stake Increased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 77.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 348,640 shares of the company’s stock after acquiring an additional 152,206 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $29,192,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in VCIT. Rothschild Investment LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.4% in the 3rd quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock worth $68,000 after purchasing an additional 120 shares during the last quarter. BridgePort Financial Solutions LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the fourth quarter. BridgePort Financial Solutions LLC now owns 21,027 shares of the company’s stock worth $1,761,000 after purchasing an additional 120 shares in the last quarter. Sincerus Advisory LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the fourth quarter. Sincerus Advisory LLC now owns 24,561 shares of the company’s stock worth $2,057,000 after purchasing an additional 121 shares in the last quarter. Topel & Distasi Wealth Management LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the third quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock valued at $2,176,000 after buying an additional 131 shares during the last quarter. Finally, Summit Wealth Partners LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the fourth quarter. Summit Wealth Partners LLC now owns 19,099 shares of the company’s stock valued at $1,600,000 after buying an additional 134 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $81.90 on Tuesday. The stock’s 50 day moving average price is $82.84 and its two-hundred day moving average price is $83.58. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $80.42 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a dividend of $0.3262 per share. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Friday, May 1st.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.