Gilbert Capital Group Inc. Takes $1.68 Million Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Gilbert Capital Group Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 20,242 shares of the company’s stock, valued at approximately $1,678,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.4% of Gilbert Capital Group Inc.’s investment portfolio, making the stock its 19th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC grew 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 buying an additional 4,850,259 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after acquiring an additional 3,404,271 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the second quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock valued at $403,964,000 after purchasing an additional 1,995,404 shares during the period. Corient Private Wealth LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 93.8% during the second quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock worth $324,711,000 after purchasing an additional 1,895,302 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.9% during the first quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock worth $821,046,000 after purchasing an additional 987,197 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.4%

NASDAQ:VCIT opened at $83.69 on Monday. The company’s 50-day moving average is $84.09 and its two-hundred day moving average is $83.30. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year 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 given a $0.3223 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Monday, December 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.