Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Global Wealth Management Investment Advisory Inc.’s 2nd Largest Position

Global Wealth Management Investment Advisory Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 220,259 shares of the company’s stock after buying an additional 12,852 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 3.6% of Global Wealth Management Investment Advisory Inc.’s holdings, making the stock its 2nd biggest position. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $17,680,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Providence Capital Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at approximately $25,000. Bull Oak Capital LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $27,000. Sound Income Strategies LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after acquiring an additional 150 shares during the period. Nvwm LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after acquiring an additional 149 shares during the period. Finally, Field & Main Bank acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $80.64 on Monday. The firm has a 50-day moving average price of $80.67 and a 200 day moving average price of $81.75. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.3129 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date was Monday, February 3rd.

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.