Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 277.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,632 shares of the company’s stock after buying an additional 14,424 shares during the period. Gateway Wealth Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,625,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Turim 21 Investimentos Ltda. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 551.1% in the 1st quarter. Turim 21 Investimentos Ltda. now owns 3,392 shares of the company’s stock worth $281,000 after acquiring an additional 2,871 shares during the last quarter. Van Diest Capital LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 146.1% during the first quarter. Van Diest Capital LLC now owns 29,373 shares of the company’s stock valued at $2,431,000 after purchasing an additional 17,440 shares during the last quarter. Bridgewater Advisors Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.3% in the 1st quarter. Bridgewater Advisors Inc. now owns 987,957 shares of the company’s stock valued at $81,566,000 after purchasing an additional 107,920 shares during the period. Compound Planning Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at $247,000. Finally, Greenline Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 109.0% in the 1st quarter. Greenline Wealth Management LLC now owns 8,859 shares of the company’s stock valued at $733,000 after purchasing an additional 4,621 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $81.51 on Wednesday. The business’s 50-day moving average price is $82.16 and its 200 day moving average price is $82.95. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $81.04 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.3319 dividend. The ex-dividend date was Wednesday, July 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.