Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by Banco Santander S.A.

Banco Santander S.A. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 138.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 335,206 shares of the company’s stock after purchasing an additional 194,451 shares during the quarter. Banco Santander S.A.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $28,074,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Kane Investment Management Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 133.5% in the fourth quarter. Kane Investment Management Inc. now owns 14,507 shares of the company’s stock worth $1,215,000 after purchasing an additional 8,294 shares during the period. Integrity Investment Advisors LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 54.6% in the fourth quarter. Integrity Investment Advisors LLC now owns 56,545 shares of the company’s stock worth $4,736,000 after purchasing an additional 19,981 shares during the period. Wealthspire Advisors LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 623.7% in the fourth quarter. Wealthspire Advisors LLC now owns 14,149 shares of the company’s stock worth $1,185,000 after purchasing an additional 12,194 shares during the period. Summit Financial LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 10.2% in the fourth quarter. Summit Financial LLC now owns 350,070 shares of the company’s stock worth $29,318,000 after purchasing an additional 32,445 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 109.5% during the 4th quarter. Advisors Asset Management Inc. now owns 3,847 shares of the company’s stock valued at $322,000 after purchasing an additional 2,011 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $82.45 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84. The business has a 50 day simple moving average of $82.66 and a 200 day simple moving average of $83.38.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.