Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Holdings Boosted by Hilton Capital Management LLC

Hilton Capital Management LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.7% in the third quarter, Holdings Channel reports. The institutional investor owned 482,620 shares of the company’s stock after acquiring an additional 17,085 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 3.1% of Hilton Capital Management LLC’s portfolio, making the stock its 7th biggest holding. Hilton Capital Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $40,419,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Prudential PLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the 2nd quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock worth $1,812,896,000 after buying an additional 10,210,788 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 41.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock worth $801,460,000 after purchasing an additional 2,914,442 shares during the period. International Assets Investment Management LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% during 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 in the last quarter. Public Sector Pension Investment Board bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $127,888,000. Finally, Nepc LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 74.0% in the first quarter. Nepc LLC now owns 3,508,700 shares of the company’s stock worth $282,485,000 after buying an additional 1,492,093 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2 %

VCIT opened at $81.17 on Wednesday. The company has a fifty day moving average of $82.46 and a 200 day moving average of $81.45. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.35 and a fifty-two week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company 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. This represents a $3.80 annualized dividend and a dividend yield of 4.68%. This is a boost 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.

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.