Bridgewater Advisors Inc. Purchases New Shares in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bridgewater Advisors Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 589,915 shares of the company’s stock, valued at approximately $48,196,000. Vanguard Intermediate-Term Corporate Bond ETF comprises 5.0% of Bridgewater Advisors Inc.’s portfolio, making the stock its 5th biggest position.

A number of other large investors have also recently made changes to their positions in VCIT. JPMorgan Chase & Co. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the first quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock worth $5,043,820,000 after purchasing an additional 3,892,110 shares during the last quarter. Creative Planning lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the 3rd quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after buying an additional 395,318 shares in the last quarter. Prudential PLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the 2nd 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 during the period. LPL Financial LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 2nd quarter. LPL Financial LLC now owns 10,363,537 shares of the company’s stock worth $828,357,000 after acquiring an additional 68,907 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of 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.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.7 %

Shares of NASDAQ VCIT opened at $80.80 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $75.75 and a 52-week high of $84.25. The stock has a 50 day moving average price of $82.80 and a 200 day moving average price of $81.27.

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 represents a $3.80 annualized dividend and a dividend yield of 4.70%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Friday, November 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.