Fiduciary Trust Co Invests $834,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Fiduciary Trust Co bought a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 9,958 shares of the company’s stock, valued at approximately $834,000.

Other large investors have also added to or reduced their stakes in the company. Prudential PLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock worth $1,812,896,000 after purchasing an additional 10,210,788 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the second quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock worth $801,460,000 after buying an additional 2,914,442 shares in the last quarter. International Assets Investment Management LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% in the 3rd quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock valued at $199,560,000 after buying an additional 2,368,191 shares during the last quarter. Public Sector Pension Investment Board bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $127,888,000. Finally, Bank of Montreal Can boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 121.4% during the 2nd quarter. Bank of Montreal Can now owns 1,268,991 shares of the company’s stock worth $102,040,000 after acquiring an additional 695,871 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.4 %

NASDAQ VCIT opened at $82.17 on Friday. The company has a fifty day moving average price of $82.08 and a 200-day moving average price of $81.55. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.3166 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 4.62%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Friday, November 1st.

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.