Oppenheimer & Co. Inc. Purchases 17,653 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Oppenheimer & Co. Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 24.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 91,331 shares of the company’s stock after purchasing an additional 17,653 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,649,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Insight Advisors LLC PA bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $228,000. Vanguard Group Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock worth $274,095,000 after buying an additional 286,685 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock valued at $136,296,000 after buying an additional 75,446 shares in the last quarter. First Pacific Financial lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the 2nd quarter. First Pacific Financial now owns 275,356 shares of the company’s stock worth $22,009,000 after acquiring an additional 15,950 shares during the last quarter. Finally, Brookstone Capital Management grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the second quarter. Brookstone Capital Management now owns 24,812 shares of the company’s stock worth $2,015,000 after acquiring an additional 1,770 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $80.93 on Thursday. The stock’s 50-day simple moving average is $82.70 and its two-hundred day simple moving average is $81.37. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $76.66 and a twelve month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.3166 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a yield of 4.69%.

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.