Corient Private Wealth LLC Buys 8,390,355 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Corient Private Wealth LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 438.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,303,448 shares of the company’s stock after buying an additional 8,390,355 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 0.4% of Corient Private Wealth LLC’s holdings, making the stock its 29th largest holding. Corient Private Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $862,914,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during the fourth quarter. Bank of America Corp DE now owns 84,849,444 shares of the company’s stock valued at $7,106,141,000 after acquiring an additional 2,552,216 shares during the period. Fisher Asset Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after purchasing an additional 3,339,026 shares during the period. Creative Planning increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock worth $2,223,729,000 after purchasing an additional 927,083 shares during the period. Morgan Stanley raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock worth $2,014,054,000 after purchasing an additional 4,399,400 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.9% during the 4th quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock worth $912,498,000 after purchasing an additional 604,588 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.48 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84. The company’s 50-day moving average is $82.64 and its two-hundred day moving average is $83.31.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.3412 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, June 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. 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.