Janney Montgomery Scott LLC Raises Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Janney Montgomery Scott LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,281,295 shares of the company’s stock after purchasing an additional 59,568 shares during the period. Janney Montgomery Scott LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $107,308,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in VCIT. Capital Analysts LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 10.1% in the fourth quarter. Capital Analysts LLC now owns 107,232 shares of the company’s stock valued at $8,981,000 after buying an additional 9,795 shares in the last quarter. Outlook Wealth Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.1% during the 4th quarter. Outlook Wealth Advisors LLC now owns 16,377 shares of the company’s stock worth $1,372,000 after acquiring an additional 1,642 shares in the last quarter. Cornerstone Financial Group LLC NE boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.7% during the 4th quarter. Cornerstone Financial Group LLC NE now owns 29,346 shares of the company’s stock worth $2,458,000 after acquiring an additional 8,027 shares in the last quarter. Alteri Wealth LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.5% in the 4th quarter. Alteri Wealth LLC now owns 14,089 shares of the company’s stock worth $1,180,000 after acquiring an additional 979 shares during the period. Finally, Pettyjohn Wood & White Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.1% in the 4th quarter. Pettyjohn Wood & White Inc. now owns 28,424 shares of the company’s stock worth $2,381,000 after acquiring an additional 2,370 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1%

NASDAQ VCIT opened at $81.97 on Thursday. The business has a 50 day moving average price of $82.66 and a 200 day moving average price of $83.39. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.43 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a $0.3412 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Monday, June 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.