Uniting Wealth Partners LLC Makes New $8.04 Million Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Uniting Wealth Partners LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 95,588 shares of the company’s stock, valued at approximately $8,040,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 1.9% of Uniting Wealth Partners LLC’s holdings, making the stock its 7th biggest holding.

Other hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the 2nd quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after acquiring an additional 4,850,259 shares during the period. Bank of America Corp DE lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the 2nd quarter. Bank of America Corp DE now owns 76,387,371 shares of the company’s stock valued at $6,334,041,000 after purchasing an additional 698,576 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after purchasing an additional 3,404,271 shares in the last quarter. Creative Planning grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.0% during the second quarter. Creative Planning now owns 25,511,256 shares of the company’s stock worth $2,115,393,000 after purchasing an additional 505,937 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.8% during the third quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock worth $872,431,000 after purchasing an additional 286,124 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $84.49 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84. The stock’s 50 day moving average price is $83.86 and its two-hundred day moving average price is $83.85.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.33 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Monday, February 2nd.

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.