Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Purchased by Advisors Capital Management LLC

Advisors Capital Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 311,170 shares of the company’s stock after buying an additional 14,783 shares during the quarter. Advisors Capital Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $24,978,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Townsquare Capital LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.3% during the 4th quarter. Townsquare Capital LLC now owns 1,419,924 shares of the company’s stock worth $113,977,000 after acquiring an additional 209,703 shares during the period. Rockefeller Capital Management L.P. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 169,291 shares of the company’s stock worth $13,589,000 after purchasing an additional 7,058 shares during the period. NFP Retirement Inc. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16.4% in the 4th quarter. NFP Retirement Inc. now owns 42,179 shares of the company’s stock valued at $3,386,000 after purchasing an additional 5,931 shares during the last quarter. Titan Global Capital Management USA LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.2% during the 4th quarter. Titan Global Capital Management USA LLC now owns 15,589 shares of the company’s stock valued at $1,251,000 after buying an additional 1,041 shares during the period. Finally, Glass Jacobson Investment Advisors llc increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.5% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 22,902 shares of the company’s stock worth $1,838,000 after buying an additional 2,719 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3 %

Shares of VCIT opened at $79.56 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.26. The stock’s fifty day simple moving average is $81.16 and its 200 day simple moving average is $81.26.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a dividend of $0.3189 per share. This represents a $3.83 dividend on an annualized basis and a yield of 4.81%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date 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.