Integrated Wealth Concepts LLC Has $9.74 Million Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Integrated Wealth Concepts LLC lessened its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 116,351 shares of the company’s stock after selling 224 shares during the period. Integrated Wealth Concepts LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $9,744,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Prudential PLC lifted its position in shares of 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 during the period. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% in the second quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock valued at $801,460,000 after purchasing an additional 2,914,442 shares in the last quarter. International Assets Investment Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% in the third 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 period. Public Sector Pension Investment Board bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth $127,888,000. Finally, Bank of Montreal Can boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 121.4% during the second 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 in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $81.77 on Wednesday. The firm has a fifty day moving average of $82.00 and a 200-day moving average of $81.60. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.3166 dividend. This represents a $3.80 annualized dividend and a yield of 4.65%. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.