Global Wealth Management Investment Advisory Inc. Buys 8,099 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Global Wealth Management Investment Advisory Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 207,407 shares of the company’s stock after buying an additional 8,099 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 3.7% of Global Wealth Management Investment Advisory Inc.’s holdings, making the stock its 2nd biggest holding. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $17,370,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Narus Financial Partners LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% in the 2nd quarter. Narus Financial Partners LLC now owns 4,648 shares of the company’s stock worth $372,000 after buying an additional 124 shares during the last quarter. Friedenthal Financial raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the third quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock worth $1,863,000 after acquiring an additional 124 shares during the period. Vicus Capital boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 3rd quarter. Vicus Capital now owns 20,489 shares of the company’s stock valued at $1,716,000 after purchasing an additional 135 shares during the period. Novare Capital Management LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the second quarter. Novare Capital Management LLC now owns 9,668 shares of the company’s stock valued at $773,000 after buying an additional 137 shares during the last quarter. Finally, Pineridge Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.0 %

VCIT traded down $0.02 during trading hours on Tuesday, hitting $81.12. The company’s stock had a trading volume of 414,425 shares, compared to its average volume of 6,987,395. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $75.64 and a fifty-two week high of $84.25. The company has a 50-day simple moving average of $82.88 and a 200 day simple moving average of $81.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be paid a $0.3166 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date of this dividend is Friday, November 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.