Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Iron Gate Global Advisors LLC’s 8th Largest Position

Iron Gate Global Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 320,261 shares of the company’s stock after purchasing an additional 12,373 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 4.1% of Iron Gate Global Advisors LLC’s holdings, making the stock its 8th largest position. Iron Gate Global Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $26,822,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Janus Henderson Group PLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6,967.1% in the third quarter. Janus Henderson Group PLC now owns 231,237 shares of the company’s stock valued at $19,366,000 after buying an additional 227,965 shares in the last quarter. Hilltop Holdings Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 15.1% during the 3rd quarter. Hilltop Holdings Inc. now owns 16,710 shares of the company’s stock worth $1,399,000 after purchasing an additional 2,194 shares during the period. Benjamin Edwards Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,284.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 677,989 shares of the company’s stock worth $56,782,000 after purchasing an additional 629,019 shares during the last quarter. Plotkin Financial Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth approximately $540,000. Finally, Semmax Financial Advisors Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the third quarter. Semmax Financial Advisors Inc. now owns 26,641 shares of the company’s stock valued at $2,158,000 after purchasing an additional 697 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $81.93 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.25. The business has a 50 day simple moving average of $82.08 and a 200 day simple moving average of $81.57.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.3166 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.64%. This is a boost 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.