The Manufacturers Life Insurance Company Decreases Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

The Manufacturers Life Insurance Company cut its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.1% in the third quarter, Holdings Channel reports. The institutional investor owned 2,316,890 shares of the company’s stock after selling 1,872 shares during the period. The Manufacturers Life Insurance Company’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $194,039,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Daiwa Securities Group Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.0% in the third quarter. Daiwa Securities Group Inc. now owns 52,790 shares of the company’s stock valued at $4,421,000 after acquiring an additional 2,500 shares during the period. SevenBridge Financial Group LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.6% during the 3rd quarter. SevenBridge Financial Group LLC now owns 67,196 shares of the company’s stock valued at $5,476,000 after purchasing an additional 1,674 shares during the last quarter. Centaurus Financial Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 54.4% in the third quarter. Centaurus Financial Inc. now owns 4,105 shares of the company’s stock worth $344,000 after purchasing an additional 1,447 shares during the last quarter. Wescott Financial Advisory Group LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% in the third quarter. Wescott Financial Advisory Group LLC now owns 4,874 shares of the company’s stock worth $408,000 after purchasing an additional 238 shares during the last quarter. Finally, StoneX Group Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.2% during the third quarter. StoneX Group Inc. now owns 14,616 shares of the company’s stock valued at $1,224,000 after buying an additional 178 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1 %

Shares of NASDAQ VCIT opened at $81.59 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.68 and a fifty-two week high of $84.25. The business’s 50 day moving average price is $82.20 and its 200-day moving average price is $81.52.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.3166 per share. This represents a $3.80 annualized dividend and a dividend yield of 4.66%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. 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.