Peapack Gladstone Financial Corp Has $2.03 Million Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Peapack Gladstone Financial Corp trimmed its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 19.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 25,272 shares of the company’s stock after selling 6,098 shares during the period. Peapack Gladstone Financial Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,030,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VCIT. Fisher Asset Management LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock worth $7,447,768,000 after buying an additional 4,289,340 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock worth $4,028,730,000 after purchasing an additional 2,992,971 shares during the period. LPL Financial LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the fourth quarter. LPL Financial LLC now owns 11,292,264 shares of the company’s stock worth $906,430,000 after purchasing an additional 553,333 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,405,350 shares of the company’s stock valued at $835,237,000 after purchasing an additional 64,467 shares during the period. Finally, Wells Fargo & Company MN raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.2% during the 4th quarter. Wells Fargo & Company MN now owns 9,154,276 shares of the company’s stock worth $734,814,000 after purchasing an additional 845,313 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 1.5 %

NASDAQ VCIT opened at $80.60 on Tuesday. The business’s 50-day moving average price is $81.23 and its two-hundred day moving average price is $81.38. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were paid a $0.3189 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date of this dividend was Tuesday, April 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.