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

Corient Private Wealth LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 438.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,303,448 shares of the company’s stock after acquiring 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 owned about 1.45% of Vanguard Intermediate-Term Corporate Bond ETF worth $862,914,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Brown Brothers Harriman & Co. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. Richards Merrill & Peterson Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $30,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $31,000. United Financial Planning Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $34,000. Finally, Align Financial LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3%

Shares of NASDAQ VCIT opened at $82.48 on Friday. The firm’s 50-day simple moving average is $82.64 and its 200 day simple moving average is $83.31. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.