Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stock Holdings Boosted by GDS Wealth Management

GDS Wealth Management boosted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 492,427 shares of the company’s stock after purchasing an additional 74,450 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 3.6% of GDS Wealth Management’s holdings, making the stock its 3rd largest holding. GDS Wealth Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $39,527,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in VCIT. Providence Capital Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $25,000. Bull Oak Capital LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after buying an additional 150 shares in the last quarter. Field & Main Bank bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $52,000. Finally, Hantz Financial Services Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $58,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.4 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.48 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.25. The business has a fifty day moving average price of $80.78 and a 200-day moving average price of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.3129 per share. The ex-dividend date is Monday, February 3rd. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31.

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.