Vanguard Intermediate-Term Corporate Bond ETF $VCIT Holdings Raised by GDS Wealth Management

GDS Wealth Management grew its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 12.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 717,116 shares of the company’s stock after acquiring an additional 76,832 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 3.8% of GDS Wealth Management’s investment portfolio, making the stock its 2nd biggest holding. GDS Wealth Management owned approximately 0.10% of Vanguard Intermediate-Term Corporate Bond ETF worth $60,058,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in VCIT. Bank of America Corp DE increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during 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 purchasing an additional 5,909,857 shares during the period. Corient Private Wealth LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 93.8% during the second quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after purchasing an additional 1,895,302 shares during the period. Buffalo Business & Estate Services Ltd. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $135,327,000. Vanguard Group Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6,631.0% during the fourth quarter. Vanguard Group Inc. now owns 1,015,034 shares of the company’s stock worth $85,009,000 after purchasing an additional 999,954 shares during the period. Finally, Creative Planning increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock worth $2,223,729,000 after purchasing an additional 927,083 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3%

Shares of NASDAQ:VCIT opened at $82.58 on Friday. The firm’s 50-day moving average is $83.22 and its two-hundred day moving average is $83.73. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $80.42 and a 1 year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st will be paid a dividend of $0.3262 per share. The ex-dividend date is Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.