Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 19.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,514 shares of the company’s stock after buying an additional 12,080 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,325,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. DecisionPoint Financial LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the fourth quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after buying an additional 15,021 shares during the period. Coyle Financial Counsel LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.1% during the third quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock valued at $14,569,000 after buying an additional 25,336 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $715,000. Atria Investments Inc increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 9.4% in the 3rd quarter. Atria Investments Inc now owns 159,010 shares of the company’s stock worth $13,374,000 after purchasing an additional 13,632 shares during the last quarter. Finally, Ameritas Investment Partners Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 234,801 shares of the company’s stock worth $19,749,000 after acquiring an additional 17,222 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.5%

VCIT opened at $82.45 on Tuesday. The stock has a 50-day moving average of $82.68 and a 200-day moving average of $83.47. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $81.00 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st will be given a $0.3412 dividend. The ex-dividend date is Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

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.