Oakwell Private Wealth Management LLC Buys 14,000 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Oakwell Private Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.2% during the second quarter, Holdings Channel reports. The firm owned 166,505 shares of the company’s stock after buying an additional 14,000 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 3.2% of Oakwell Private Wealth Management LLC’s holdings, making the stock its 7th largest position. Oakwell Private Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,807,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 196.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 25,337 shares of the company’s stock worth $2,072,000 after acquiring an additional 16,776 shares in the last quarter. Grandview Asset Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.1% during the 2nd quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock worth $1,107,000 after acquiring an additional 643 shares in the last quarter. Sage Rhino Capital LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 2nd quarter. Sage Rhino Capital LLC now owns 89,152 shares of the company’s stock worth $7,392,000 after acquiring an additional 494 shares in the last quarter. HB Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth $479,000. Finally, CWA Asset Management Group LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16.4% during the 2nd quarter. CWA Asset Management Group LLC now owns 376,436 shares of the company’s stock worth $31,214,000 after acquiring an additional 53,098 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $83.59 on Tuesday. The business has a fifty day simple moving average of $84.11 and a 200-day simple moving average of $82.70. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a $0.326 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. 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.