Koshinski Asset Management Inc. Grows Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Koshinski Asset Management Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 49,980 shares of the company’s stock after buying an additional 722 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,144,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Citizens Business Bank purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $216,000. Arista Wealth Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.8% in the second quarter. Arista Wealth Management LLC now owns 513,048 shares of the company’s stock valued at $42,542,000 after buying an additional 9,133 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.5% in the second quarter. Stratos Wealth Partners LTD. now owns 57,233 shares of the company’s stock worth $4,746,000 after purchasing an additional 8,532 shares during the last quarter. Stratos Wealth Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.3% in the second quarter. Stratos Wealth Advisors LLC now owns 13,414 shares of the company’s stock worth $1,112,000 after purchasing an additional 1,029 shares during the last quarter. Finally, Private Trust Co. NA raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.3% in the second quarter. Private Trust Co. NA now owns 13,131 shares of the company’s stock worth $1,089,000 after purchasing an additional 414 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $84.47 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.74. The business has a 50-day moving average price of $83.81 and a 200-day moving average price of $82.37.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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