BIP Wealth LLC Boosts Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

BIP Wealth LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 32.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 360,796 shares of the company’s stock after buying an additional 88,963 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.1% of BIP Wealth LLC’s investment portfolio, making the stock its 14th biggest position. BIP Wealth LLC owned about 0.05% of Vanguard Intermediate-Term Corporate Bond ETF worth $30,217,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after purchasing an additional 5,909,857 shares during the period. Creative Planning raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third 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. raised its position 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 valued at $872,431,000 after purchasing an additional 286,124 shares during the period. Wealthfront Advisers LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.9% during the third quarter. Wealthfront Advisers LLC now owns 5,061,712 shares of the company’s stock valued at $425,741,000 after purchasing an additional 189,986 shares during the period. Finally, Raymond James Financial Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.3% during the third quarter. Raymond James Financial Inc. now owns 4,620,873 shares of the company’s stock valued at $388,662,000 after purchasing an additional 431,590 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $82.76 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84. The stock’s 50 day simple moving average is $83.52 and its two-hundred day simple moving average is $83.83.

Vanguard Intermediate-Term Corporate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.3438 per share. The ex-dividend date was Wednesday, April 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.