Envestnet Asset Management Inc. Has $835.24 Million Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Envestnet Asset Management Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,405,350 shares of the company’s stock after purchasing an additional 64,467 shares during the quarter. Envestnet Asset Management Inc. owned about 1.71% of Vanguard Intermediate-Term Corporate Bond ETF worth $835,237,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the fourth quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock worth $7,447,768,000 after purchasing an additional 4,289,340 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock valued at $4,028,730,000 after buying an additional 2,992,971 shares during the last quarter. LPL Financial LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% during the fourth quarter. LPL Financial LLC now owns 11,292,264 shares of the company’s stock worth $906,430,000 after buying an additional 553,333 shares in the last quarter. Wells Fargo & Company MN raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.2% in the 4th quarter. Wells Fargo & Company MN now owns 9,154,276 shares of the company’s stock valued at $734,814,000 after buying an additional 845,313 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $323,370,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3 %

NASDAQ VCIT opened at $81.79 on Friday. The company has a fifty day moving average price of $81.24 and a 200-day moving average price of $81.44. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a $0.3189 dividend. This represents a $3.83 dividend on an annualized basis and a yield of 4.68%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, April 1st.

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.