Wealthfront Advisers LLC Acquires 1,995,404 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Wealthfront Advisers LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 69.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,871,726 shares of the company’s stock after purchasing an additional 1,995,404 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 1.0% of Wealthfront Advisers LLC’s investment portfolio, making the stock its 19th largest position. Wealthfront Advisers LLC owned approximately 0.74% of Vanguard Intermediate-Term Corporate Bond ETF worth $403,964,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Topsail Wealth Management LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.0% during the 2nd quarter. Topsail Wealth Management LLC now owns 168,589 shares of the company’s stock worth $13,979,000 after purchasing an additional 11,081 shares during the last quarter. Brighton Jones LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $333,000. Dodds Wealth LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the 2nd quarter. Dodds Wealth LLC now owns 604,614 shares of the company’s stock worth $50,135,000 after purchasing an additional 26,527 shares during the last quarter. CVA Family Office LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.7% during the 2nd quarter. CVA Family Office LLC now owns 22,798 shares of the company’s stock worth $1,890,000 after purchasing an additional 1,025 shares during the last quarter. Finally, BIP Alliance LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.3% during the 2nd quarter. BIP Alliance LLC now owns 64,245 shares of the company’s stock worth $5,327,000 after purchasing an additional 208 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $84.76 on Friday. The firm has a 50 day moving average price of $83.97 and a two-hundred day moving average price of $82.50. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.80.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a $0.326 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.