Bridge Generations Wealth Management LLC Grows Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Bridge Generations Wealth Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 37.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,157 shares of the company’s stock after buying an additional 13,812 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 2.7% of Bridge Generations Wealth Management LLC’s portfolio, making the stock its 12th biggest holding. Bridge Generations Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,284,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VCIT. Bank of America Corp DE grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during 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 buying an additional 5,909,857 shares in the last quarter. Fisher Asset Management LLC grew its holdings in 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 valued at $7,033,022,000 after buying an additional 3,339,026 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 93.8% during the 2nd quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock valued at $324,711,000 after buying an additional 1,895,302 shares in the last quarter. Buffalo Business & Estate Services Ltd. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at approximately $135,327,000. Finally, HighTower Advisors LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 123.6% during the 4th quarter. HighTower Advisors LLC now owns 2,440,152 shares of the company’s stock valued at $204,363,000 after buying an additional 1,348,722 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $82.45 on Tuesday. The business has a 50 day simple moving average of $82.68 and a two-hundred day simple moving average of $83.47. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.00 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st will be issued a $0.3412 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date is Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

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.