GDS Wealth Management Buys 89,985 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

GDS Wealth Management boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 18.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 582,412 shares of the company’s stock after acquiring an additional 89,985 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 4.1% of GDS Wealth Management’s portfolio, making the stock its 2nd largest holding. GDS Wealth Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $47,618,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Capital Analysts LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 79.3% in the first quarter. Capital Analysts LLC now owns 9,922 shares of the company’s stock valued at $811,000 after acquiring an additional 4,387 shares during the last quarter. Level Four Advisory Services LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.7% in the first quarter. Level Four Advisory Services LLC now owns 55,186 shares of the company’s stock valued at $4,512,000 after acquiring an additional 1,964 shares during the last quarter. Arista Wealth Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% in the first quarter. Arista Wealth Management LLC now owns 503,915 shares of the company’s stock valued at $41,200,000 after acquiring an additional 7,168 shares during the last quarter. Crabel Capital Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 431.5% in the first quarter. Crabel Capital Management LLC now owns 65,790 shares of the company’s stock valued at $5,379,000 after acquiring an additional 53,411 shares during the last quarter. Finally, JT Stratford LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the first quarter. JT Stratford LLC now owns 215,590 shares of the company’s stock valued at $17,627,000 after acquiring an additional 5,258 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

VCIT opened at $83.08 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.25. The business’s 50 day moving average price is $82.48 and its 200 day moving average price is $81.57.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, August 5th. Investors of record on Friday, August 1st were issued a $0.3408 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Friday, August 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.