Eastern Bank Invests $157,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Eastern Bank acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,880 shares of the company’s stock, valued at approximately $157,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 1st quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock valued at $5,043,820,000 after purchasing an additional 3,892,110 shares during the last quarter. Creative Planning raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the third quarter. Creative Planning now owns 24,067,807 shares of the company’s stock worth $2,015,679,000 after acquiring an additional 395,318 shares in the last quarter. Prudential PLC lifted its holdings 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 last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% in the 2nd quarter. LPL Financial LLC now owns 10,363,537 shares of the company’s stock worth $828,357,000 after acquiring an additional 68,907 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% in the 2nd 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.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1 %

Shares of NASDAQ:VCIT opened at $81.84 on Friday. The company’s fifty day moving average is $83.09 and its 200 day moving average is $81.08. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $74.18 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.301 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.