Arete Wealth Advisors LLC Cuts Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Arete Wealth Advisors LLC lowered its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 72.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,825 shares of the company’s stock after selling 9,875 shares during the period. Arete Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $320,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Prudential PLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the 2nd quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock worth $1,812,896,000 after acquiring an additional 10,210,788 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the second quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock worth $801,460,000 after purchasing an additional 2,914,442 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% during the 3rd quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock worth $199,560,000 after purchasing an additional 2,368,191 shares during the last quarter. Public Sector Pension Investment Board purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $127,888,000. Finally, Bank of Montreal Can boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 121.4% in the 2nd quarter. Bank of Montreal Can now owns 1,268,991 shares of the company’s stock worth $102,040,000 after buying an additional 695,871 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.4 %

NASDAQ:VCIT opened at $81.33 on Friday. The stock has a 50 day moving average of $81.73 and a two-hundred day moving average of $81.70. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.3166 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 annualized dividend and a yield of 4.67%. The ex-dividend date was Friday, November 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.