Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Great Lakes Retirement Inc.’s 4th Largest Position

Great Lakes Retirement Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 374,003 shares of the company’s stock after purchasing an additional 14,008 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 3.4% of Great Lakes Retirement Inc.’s investment portfolio, making the stock its 4th biggest holding. Great Lakes Retirement Inc. owned about 0.06% of Vanguard Intermediate-Term Corporate Bond ETF worth $31,457,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Weik Capital Management increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 26.9% in the 3rd quarter. Weik Capital Management now owns 42,502 shares of the company’s stock valued at $3,575,000 after buying an additional 9,018 shares during the period. Level Four Advisory Services LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.5% in the third quarter. Level Four Advisory Services LLC now owns 64,840 shares of the company’s stock valued at $5,454,000 after acquiring an additional 5,102 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.6% during the third quarter. Victory Capital Management Inc. now owns 276,478 shares of the company’s stock worth $23,255,000 after acquiring an additional 26,415 shares during the period. Kingsview Wealth Management LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 14.8% during the third quarter. Kingsview Wealth Management LLC now owns 14,340 shares of the company’s stock worth $1,206,000 after acquiring an additional 1,849 shares during the period. Finally, Cascade Wealth Advisors Inc raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 50.2% during the third quarter. Cascade Wealth Advisors Inc now owns 169,031 shares of the company’s stock worth $14,153,000 after purchasing an additional 56,479 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $84.10 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The company has a 50-day moving average price of $84.03 and a 200 day moving average price of $83.99.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, March 4th. Investors of record on Monday, March 2nd will be paid a $0.3026 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.