The Manufacturers Life Insurance Company Increases Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

The Manufacturers Life Insurance Company lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,422,333 shares of the company’s stock after buying an additional 105,443 shares during the period. The Manufacturers Life Insurance Company owned about 0.40% of Vanguard Intermediate-Term Corporate Bond ETF worth $194,441,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in VCIT. Passumpsic Savings Bank raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 9.8% during the 3rd quarter. Passumpsic Savings Bank now owns 51,084 shares of the company’s stock valued at $4,278,000 after purchasing an additional 4,545 shares in the last quarter. World Investment Advisors LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 180.2% during the 3rd quarter. World Investment Advisors LLC now owns 10,887 shares of the company’s stock worth $912,000 after buying an additional 7,002 shares during the last quarter. Wilmington Savings Fund Society FSB grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 78.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 5,143 shares of the company’s stock worth $431,000 after buying an additional 2,261 shares during the last quarter. Tidal Investments LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 27.9% during the 3rd quarter. Tidal Investments LLC now owns 15,425 shares of the company’s stock valued at $1,287,000 after purchasing an additional 3,363 shares during the last quarter. Finally, Synovus Financial Corp grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 117.7% during the 3rd quarter. Synovus Financial Corp now owns 23,452 shares of the company’s stock valued at $1,964,000 after purchasing an additional 12,679 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $81.68 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.08 and a 52 week high of $84.26. The stock’s 50-day moving average price is $81.15 and its 200-day moving average price is $81.06.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.3189 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.83 dividend on an annualized basis and a yield of 4.69%.

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.