Venturi Wealth Management LLC Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Venturi Wealth Management LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7,037.1% during the first quarter, Holdings Channel.com reports. The fund owned 491,605 shares of the company’s stock after purchasing an additional 484,717 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.8% of Venturi Wealth Management LLC’s holdings, making the stock its 12th largest holding. Venturi Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $40,680,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in VCIT. Corient Private Wealth LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% during the fourth quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock worth $862,914,000 after acquiring an additional 8,390,355 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after purchasing an additional 5,909,857 shares in the last quarter. Morgan Stanley lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after purchasing an additional 4,399,400 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of 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 purchasing an additional 3,339,026 shares during the period. Finally, Nepc LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.8% during the 4th quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock worth $510,319,000 after purchasing an additional 1,670,078 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $82.91 on Friday. The firm has a 50 day moving average price of $82.56 and a 200 day moving average price of $83.26. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.3412 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date was Monday, June 1st.

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.