BlueSky Wealth Advisors LLC Invests $20.05 Million in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

BlueSky Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 1st quarter, HoldingsChannel.com reports. The firm bought 242,260 shares of the company’s stock, valued at approximately $20,047,000. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 2.6% of BlueSky Wealth Advisors LLC’s portfolio, making the stock its 12th largest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Corient Private Wealth LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the fourth quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after acquiring an additional 8,390,355 shares during the period. Bank of America Corp DE lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after acquiring an additional 5,909,857 shares during the period. Morgan Stanley lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after acquiring an additional 4,399,400 shares during the period. Fisher Asset Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock valued at $7,033,022,000 after purchasing an additional 3,339,026 shares in the last quarter. Finally, Nepc LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.8% in the 4th quarter. Nepc LLC now owns 6,093,365 shares of the company’s stock valued at $510,319,000 after purchasing an additional 1,670,078 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.48 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84. The company has a 50-day simple moving average of $82.62 and a 200 day simple moving average of $83.30.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

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

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.