Prospera Financial Services Inc Buys 11,069 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Prospera Financial Services Inc grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 12.5% in the third quarter, HoldingsChannel reports. The firm owned 99,803 shares of the company’s stock after buying an additional 11,069 shares during the quarter. Prospera Financial Services Inc’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,395,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after acquiring an additional 4,627 shares during the last quarter. US Bancorp DE grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.4% in the second quarter. US Bancorp DE now owns 28,018 shares of the company’s stock valued at $2,323,000 after purchasing an additional 2,416 shares in the last quarter. Aberdeen Group plc purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $270,000. Allspring Global Investments Holdings LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 238.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 85,667 shares of the company’s stock worth $7,104,000 after purchasing an additional 60,330 shares during the last quarter. Finally, Northwest Capital Management Inc purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at $2,673,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2%

VCIT stock opened at $84.03 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The company has a fifty day simple moving average of $83.85 and a two-hundred day simple moving average of $83.83.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.33 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

About Vanguard Intermediate-Term Corporate Bond ETF

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.