Graetz Wealth LLC Purchases New Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Graetz Wealth LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 87,838 shares of the company’s stock, valued at approximately $7,356,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 6.7% of Graetz Wealth LLC’s holdings, making the stock its 3rd biggest position.

Other institutional investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after purchasing an additional 3,339,026 shares during the last quarter. Bank of America Corp DE grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the 3rd 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 in the last quarter. Creative Planning grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the 3rd 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 in the last quarter. LPL Financial LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.9% during the fourth quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock valued at $912,498,000 after purchasing an additional 604,588 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 8.9% during the fourth quarter. Wealthfront Advisers LLC now owns 5,510,729 shares of the company’s stock valued at $461,524,000 after purchasing an additional 449,017 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.7%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.51 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84. The company has a 50 day simple moving average of $82.66 and a two-hundred day simple moving average of $83.38.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.3412 per share. This represents a c) annualized dividend and a dividend yield of 5.0%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, June 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. 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.