Prudential PLC Grows Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Prudential PLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 81.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,681,050 shares of the company’s stock after purchasing an additional 10,210,788 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 12.6% of Prudential PLC’s investment portfolio, making the stock its 2nd largest position. Prudential PLC owned about 3.92% of Vanguard Intermediate-Term Corporate Bond ETF worth $1,812,896,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.4% during the 4th quarter. Fisher Asset Management LLC now owns 73,066,770 shares of the company’s stock valued at $5,938,867,000 after purchasing an additional 4,407,258 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in 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 valued at $5,043,820,000 after buying an additional 3,892,110 shares during the period. The Manufacturers Life Insurance Company grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 19.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 9,590,500 shares of the company’s stock worth $779,516,000 after buying an additional 1,585,673 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,612,348 shares of the company’s stock worth $374,892,000 after acquiring an additional 70,828 shares during the last quarter. Finally, Nepc LLC raised 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 valued at $282,485,000 after acquiring an additional 1,492,093 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1 %

Shares of VCIT opened at $83.36 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $83.70. The firm’s 50 day simple moving average is $81.69 and its 200 day simple moving average is $80.35.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.301 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.