Redhawk Wealth Advisors Inc. Has $3.21 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Redhawk Wealth Advisors Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 87.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,345 shares of the company’s stock after purchasing an additional 17,898 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,211,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% in the 2nd quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock valued at $8,478,891,000 after buying an additional 4,850,259 shares in the last quarter. Bank of America Corp DE boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock worth $6,922,020,000 after acquiring an additional 5,909,857 shares in the last quarter. Creative Planning boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock worth $2,223,729,000 after acquiring an additional 927,083 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.8% in the third quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock valued at $872,431,000 after acquiring an additional 286,124 shares during the period. Finally, Wealthfront Advisers LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.9% during the third quarter. Wealthfront Advisers LLC now owns 5,061,712 shares of the company’s stock valued at $425,741,000 after acquiring an additional 189,986 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $81.92 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The business has a 50 day moving average price of $83.68 and a 200-day moving average price of $83.92.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.