The Manufacturers Life Insurance Company Lowers Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

The Manufacturers Life Insurance Company lowered its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,316,890 shares of the company’s stock after selling 1,872 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.38% of Vanguard Intermediate-Term Corporate Bond ETF worth $194,039,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bull Oak Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $27,000. Sound Income Strategies LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares in the last quarter. American National Bank raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the 2nd quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after acquiring an additional 195 shares in the last quarter. Lynx Investment Advisory bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at approximately $42,000. Finally, Financial Gravity Asset Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 68,600.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 687 shares of the company’s stock valued at $55,000 after purchasing an additional 686 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.59 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.68 and a 52-week high of $84.25. The firm’s fifty day moving average is $82.20 and its 200 day moving average is $81.52.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.3166 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.66%.

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.