Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Prudential PLC

Prudential PLC cut its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,817,056 shares of the company’s stock after selling 882,790 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 8.1% of Prudential PLC’s investment portfolio, making the stock its 3rd biggest holding. Prudential PLC owned about 3.26% of Vanguard Intermediate-Term Corporate Bond ETF worth $1,590,715,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Marshall Financial Group Inc. ADV increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.5% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock valued at $2,821,000 after acquiring an additional 2,139 shares during the period. Brookstone Capital Management grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 39.8% during the 4th quarter. Brookstone Capital Management now owns 43,401 shares of the company’s stock valued at $3,484,000 after purchasing an additional 12,357 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $281,000. Timonier Family Office LTD. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $725,000. Finally, Laraway Financial Advisors Inc raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 24.8% in the third quarter. Laraway Financial Advisors Inc now owns 4,298 shares of the company’s stock worth $360,000 after purchasing an additional 853 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3 %

Shares of NASDAQ VCIT opened at $82.01 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.26. The business’s 50 day moving average price is $81.21 and its 200 day moving average price is $81.46.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a $0.3189 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.67%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32.

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.