GDS Wealth Management Increases Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

GDS Wealth Management lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 492,427 shares of the company’s stock after buying an additional 74,450 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 3.6% of GDS Wealth Management’s investment portfolio, making the stock its 3rd biggest position. GDS Wealth Management owned about 0.08% of Vanguard Intermediate-Term Corporate Bond ETF worth $39,527,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Millennium Management LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 76.0% in the 2nd quarter. Millennium Management LLC now owns 43,226 shares of the company’s stock valued at $3,455,000 after purchasing an additional 18,668 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $462,000. GAMMA Investing LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at about $65,000. GoalFusion Wealth Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.5% during the third quarter. GoalFusion Wealth Management LLC now owns 193,907 shares of the company’s stock worth $16,240,000 after acquiring an additional 10,102 shares in the last quarter. Finally, FC Advisory LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.8% in the third quarter. FC Advisory LLC now owns 9,946 shares of the company’s stock worth $833,000 after acquiring an additional 1,046 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $80.48 on Tuesday. The company’s 50 day moving average is $80.78 and its 200-day moving average is $81.76. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.3129 per share. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31.

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.