GK Wealth Management LLC Purchases Shares of 14,163 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

GK Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,163 shares of the company’s stock, valued at approximately $1,171,000.

Several other institutional investors have also modified their holdings of the stock. Bank of America Corp DE boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.6% in the 1st quarter. Bank of America Corp DE now owns 118,464,592 shares of the company’s stock valued at $9,802,945,000 after buying an additional 33,615,148 shares in the last quarter. Fisher Asset Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after acquiring an additional 3,339,026 shares in the last quarter. Creative Planning raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the 3rd 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. Morgan Stanley lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after acquiring an additional 4,399,400 shares during the last quarter. Finally, LPL Financial LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock valued at $912,498,000 after acquiring an additional 604,588 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $81.52 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.03 and a 1 year high of $84.84. The company has a fifty day moving average of $82.07 and a two-hundred day moving average of $82.85.

Vanguard Intermediate-Term Corporate Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd will be given a dividend of $0.3421 per share. The ex-dividend date is Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

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. 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.