Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Prudential PLC’s 3rd Largest Position

by · The Markets Daily

Prudential PLC lessened its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Free Report) by 19.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,355,151 shares of the company’s stock after selling 2,434,013 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 6.4% of Prudential PLC’s investment portfolio, making the stock its 3rd biggest holding. Prudential PLC owned about 1.55% of Vanguard Intermediate-Term Corporate Bond ETF worth $870,972,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rothschild Investment LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.4% during the 3rd quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock worth $68,000 after purchasing an additional 120 shares during the last quarter. Topel & Distasi Wealth Management LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the third quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock valued at $2,176,000 after buying an additional 131 shares during the last quarter. TI Trust Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the third quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock valued at $271,000 after buying an additional 135 shares during the last quarter. Cedar Point Capital Partners LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock valued at $350,000 after buying an additional 145 shares in the last quarter. Finally, Stevens Capital Partners raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the third quarter. Stevens Capital Partners now owns 2,921 shares of the company’s stock valued at $246,000 after buying an additional 145 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3%

Shares of NASDAQ VCIT opened at $82.46 on Friday. The business has a 50-day moving average of $83.96 and a two-hundred day moving average of $83.99. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.3026 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd.

About Vanguard Intermediate-Term Corporate Bond ETF

(Free Report)

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.

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