Insight Advisors LLC PA Buys New Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Insight Advisors LLC PA acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,851 shares of the company’s stock, valued at approximately $228,000.

Several other large investors also recently made changes to their positions in VCIT. Fisher Asset Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 4th quarter. Fisher Asset Management LLC now owns 73,219,949 shares of the company’s stock worth $5,951,318,000 after acquiring an additional 4,560,437 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the first quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock valued at $5,043,820,000 after purchasing an additional 3,892,110 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.8% during the 4th 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 during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,338,854 shares of the company’s stock worth $433,942,000 after acquiring an additional 2,395,580 shares during the period. Finally, Envestnet Asset Management Inc. boosted 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 valued at $374,892,000 after purchasing an additional 70,828 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT traded up $0.39 on Tuesday, reaching $82.35. 2,716,730 shares of the company’s stock were exchanged, compared to its average volume of 7,013,812. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $73.78 and a twelve month high of $82.53. The company has a fifty day moving average of $80.67 and a 200-day moving average of $80.00.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a dividend of $0.3011 per share. This represents a $3.61 dividend on an annualized basis and a dividend yield of 4.39%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Thursday, August 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.