Manning & Napier Advisors LLC Acquires 17,007 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Manning & Napier Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 24.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 85,816 shares of the company’s stock after purchasing an additional 17,007 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,218,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Q3 Asset Management bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth $2,401,000. Global Wealth Management Investment Advisory Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.0% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 251,655 shares of the company’s stock valued at $21,167,000 after buying an additional 7,272 shares during the period. Eastern Bank lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 60.3% in the third quarter. Eastern Bank now owns 3,014 shares of the company’s stock valued at $254,000 after buying an additional 1,134 shares during the period. Obermeyer Wealth Partners boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 17.0% during the third quarter. Obermeyer Wealth Partners now owns 4,966 shares of the company’s stock worth $418,000 after buying an additional 720 shares during the last quarter. Finally, Exencial Wealth Advisors LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the 3rd quarter. Exencial Wealth Advisors LLC now owns 219,321 shares of the company’s stock worth $18,447,000 after buying an additional 8,635 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

Shares of VCIT stock opened at $84.10 on Thursday. The stock has a 50-day moving average of $83.91 and a 200-day moving average of $83.63. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.