Capital Advisors Wealth Management LLC Acquires 9,147 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Capital Advisors Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 384,891 shares of the company’s stock after purchasing an additional 9,147 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 4.6% of Capital Advisors Wealth Management LLC’s holdings, making the stock its 5th largest holding. Capital Advisors Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $32,373,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Twele Capital Management Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 10.1% during the third quarter. Twele Capital Management Inc. now owns 10,398 shares of the company’s stock worth $875,000 after acquiring an additional 955 shares in the last quarter. CWM LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.4% during the 3rd quarter. CWM LLC now owns 427,129 shares of the company’s stock worth $35,926,000 after purchasing an additional 21,758 shares during the last quarter. Independent Wealth Network Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.9% during the 3rd quarter. Independent Wealth Network Inc. now owns 13,500 shares of the company’s stock worth $1,135,000 after purchasing an additional 1,104 shares during the last quarter. Patriot Investment Management Group Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 775,555 shares of the company’s stock worth $65,232,000 after purchasing an additional 23,651 shares in the last quarter. Finally, Curbstone Financial Management Corp boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.7% in the 3rd quarter. Curbstone Financial Management Corp now owns 100,082 shares of the company’s stock valued at $8,418,000 after buying an additional 3,600 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $83.82 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The firm has a fifty day simple moving average of $84.03 and a 200 day simple moving average of $83.42.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a $0.3223 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, December 1st.

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.