Independent Wealth Network Inc. Purchases 910 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Independent Wealth Network Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.8% in the first quarter, Holdings Channel.com reports. The firm owned 12,619 shares of the company’s stock after acquiring an additional 910 shares during the period. Independent Wealth Network Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,032,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in VCIT. Bank of America Corp DE increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.5% during the fourth quarter. Bank of America Corp DE now owns 63,704,527 shares of the company’s stock worth $5,113,562,000 after purchasing an additional 2,752,661 shares during the period. JPMorgan Chase & Co. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock worth $4,028,730,000 after acquiring an additional 2,992,971 shares during the period. Royal Bank of Canada boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the 4th quarter. Royal Bank of Canada now owns 11,856,196 shares of the company’s stock worth $951,697,000 after purchasing an additional 472,145 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock worth $941,576,000 after purchasing an additional 1,110,990 shares in the last quarter. Finally, LPL Financial LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the 4th quarter. LPL Financial LLC now owns 11,292,264 shares of the company’s stock valued at $906,430,000 after acquiring an additional 553,333 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.06 on Friday. The company’s 50 day moving average price is $81.68 and its two-hundred day moving average price is $81.14. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were given a dividend of $0.3207 per share. The ex-dividend date of this dividend was Tuesday, July 1st. This represents a $3.85 dividend on an annualized basis and a dividend yield of 4.69%.

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.