Luminvest Wealth Management LLC Has $10.84 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Luminvest Wealth Management LLC trimmed its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 28.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 128,921 shares of the company’s stock after selling 52,292 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 3.5% of Luminvest Wealth Management LLC’s investment portfolio, making the stock its 7th largest holding. Luminvest Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,843,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fisher Asset Management LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the second quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after purchasing an additional 4,850,259 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the 2nd quarter. Bank of America Corp DE now owns 76,387,371 shares of the company’s stock worth $6,334,041,000 after acquiring an additional 698,576 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the second quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after purchasing an additional 3,404,271 shares during the last quarter. Creative Planning raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.0% during the 2nd quarter. Creative Planning now owns 25,511,256 shares of the company’s stock worth $2,115,393,000 after buying an additional 505,937 shares during the period. Finally, Wealthfront Advisers LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 69.4% during the second quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock valued at $403,964,000 after buying an additional 1,995,404 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.95 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.84. The firm’s 50 day simple moving average is $83.93 and its 200-day simple moving average is $83.74.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be given a $0.33 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Monday, February 2nd.

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. 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.