Vanguard Intermediate-Term Corporate Bond ETF $VCIT Holdings Lifted by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 269,149 shares of the company’s stock after purchasing an additional 17,494 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 3.6% of Global Wealth Management Investment Advisory Inc.’s investment portfolio, making the stock its 2nd largest position. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $22,541,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Ameritas Advisory Services LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 106.0% in the fourth quarter. Ameritas Advisory Services LLC now owns 47,283 shares of the company’s stock valued at $3,960,000 after purchasing an additional 24,334 shares in the last quarter. Atlantic Union Bankshares Corp boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 26.5% during the 4th quarter. Atlantic Union Bankshares Corp now owns 103,436 shares of the company’s stock worth $8,663,000 after acquiring an additional 21,686 shares in the last quarter. World Investment Advisors boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 29.8% during the 4th quarter. World Investment Advisors now owns 32,056 shares of the company’s stock worth $2,685,000 after acquiring an additional 7,359 shares in the last quarter. Hirtle Callaghan & Co LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 389,247 shares of the company’s stock worth $32,599,000 after purchasing an additional 22,480 shares during the last quarter. Finally, Topsail Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.6% during the 4th quarter. Topsail Wealth Management LLC now owns 186,512 shares of the company’s stock worth $15,620,000 after purchasing an additional 9,914 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $82.49 on Wednesday. The stock has a 50-day simple moving average of $82.98 and a 200 day simple moving average of $83.65. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $80.42 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were issued a $0.3262 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.7%.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.