NewEdge Wealth LLC Has $14.45 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

NewEdge Wealth LLC lessened its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.7% during the 4th quarter, Holdings Channel reports. The firm owned 172,561 shares of the company’s stock after selling 8,475 shares during the period. NewEdge Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $14,452,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of 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 worth $6,922,020,000 after acquiring an additional 5,909,857 shares during the period. Creative Planning lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the 3rd quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after purchasing an additional 927,083 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock valued at $872,431,000 after purchasing an additional 286,124 shares during the period. Wealthfront Advisers LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.9% in the 4th quarter. Wealthfront Advisers LLC now owns 5,510,729 shares of the company’s stock worth $461,524,000 after purchasing an additional 449,017 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.3% in the 3rd quarter. Raymond James Financial Inc. now owns 4,620,873 shares of the company’s stock worth $388,662,000 after purchasing an additional 431,590 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.4%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.89 on Friday. The business has a fifty day simple moving average of $83.10 and a 200 day simple moving average of $83.69. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $80.42 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a dividend of $0.3262 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Friday, May 1st.

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.