LPL Financial LLC Has $912.50 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

LPL Financial LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,895,493 shares of the company’s stock after buying an additional 604,588 shares during the quarter. LPL Financial LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $912,498,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Richards Merrill & Peterson Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $30,000. Chapman Financial Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $31,000. United Financial Planning Group LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at approximately $34,000. Abich Financial Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at approximately $35,000. Finally, DT Investment Partners LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.91 on Monday. The firm’s 50 day moving average price is $82.67 and its two-hundred day moving average price is $83.43. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.00 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a dividend of $0.3412 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 5.0%.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.