Envestnet Portfolio Solutions Inc. Acquires 6,768 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Envestnet Portfolio Solutions Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.6% in the third quarter, Holdings Channel reports. The institutional investor owned 196,434 shares of the company’s stock after buying an additional 6,768 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $16,522,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in VCIT. Fisher Asset Management LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the 2nd quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after acquiring an additional 4,850,259 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after acquiring an additional 3,404,271 shares during the period. Wealthfront Advisers LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 69.4% during the 2nd quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock worth $403,964,000 after purchasing an additional 1,995,404 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the second quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after purchasing an additional 1,895,302 shares during the period. Finally, National Bank of Canada FI increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,249.1% in the second quarter. National Bank of Canada FI now owns 865,566 shares of the company’s stock worth $71,772,000 after purchasing an additional 801,407 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

VCIT stock opened at $83.89 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The business has a 50-day simple moving average of $83.91 and a 200 day simple moving average of $83.68.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were issued a dividend of $0.3223 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, December 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. 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.