Equita Financial Network Inc. Grows Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Equita Financial Network Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,567 shares of the company’s stock after purchasing an additional 18,724 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 4.8% of Equita Financial Network Inc.’s portfolio, making the stock its 4th largest position. Equita Financial Network Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,113,000 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 the company. 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 valued at $2,015,679,000 after purchasing an additional 395,318 shares during the period. Prudential PLC grew its position in 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 acquiring an additional 10,210,788 shares during the period. LPL Financial LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the second quarter. LPL Financial LLC now owns 10,363,537 shares of the company’s stock valued at $828,357,000 after acquiring an additional 68,907 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock valued at $801,460,000 after purchasing an additional 2,914,442 shares in the last quarter. Finally, Nepc LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 74.0% in the 1st quarter. Nepc LLC now owns 3,508,700 shares of the company’s stock worth $282,485,000 after purchasing an additional 1,492,093 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2 %

VCIT stock opened at $81.02 on Tuesday. The business has a fifty day moving average price of $82.51 and a 200 day moving average price of $81.44. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.35 and a fifty-two week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.