Manning & Napier Advisors LLC Raises Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Manning & Napier Advisors LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 21.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 104,141 shares of the company’s stock after acquiring an additional 18,325 shares during the period. Manning & Napier Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,747,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of VCIT. Brighton Jones LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after buying an additional 4,627 shares during the last quarter. Daiwa Securities Group Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock worth $4,535,000 after buying an additional 2,300 shares during the last quarter. Qube Research & Technologies Ltd raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 67.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock worth $24,752,000 after buying an additional 119,837 shares during the last quarter. Squarepoint Ops LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the 2nd quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock valued at $1,255,000 after buying an additional 11,750 shares during the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock valued at $1,501,000 after buying an additional 1,433 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.4%

Shares of VCIT opened at $82.89 on Friday. The firm has a fifty day simple moving average of $83.10 and a two-hundred day simple moving average of $83.69. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $80.42 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a dividend of $0.3262 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.