Gibbs Wealth Management Sells 43,306 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Gibbs Wealth Management cut its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 26.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 121,082 shares of the company’s stock after selling 43,306 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 2.3% of Gibbs Wealth Management’s holdings, making the stock its 8th biggest holding. Gibbs Wealth Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Fisher Asset Management LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% in the 2nd quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock valued at $8,478,891,000 after purchasing an additional 4,850,259 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the second quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after buying an additional 3,404,271 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the 2nd 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 during the period. Corient Private Wealth LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the 2nd quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock valued at $324,711,000 after buying an additional 1,895,302 shares during the period. Finally, National Bank of Canada FI lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1,249.1% during the 2nd quarter. National Bank of Canada FI now owns 865,566 shares of the company’s stock worth $71,772,000 after acquiring an additional 801,407 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.89 on Friday. The business has a 50-day moving average of $83.91 and a 200 day moving average of $83.68. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were issued a $0.3223 dividend. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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. 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.