Sandro Wealth Management LLC Buys New Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sandro Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 24,086 shares of the company’s stock, valued at approximately $2,017,000. Vanguard Intermediate-Term Corporate Bond ETF comprises about 1.7% of Sandro Wealth Management LLC’s portfolio, making the stock its 19th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in 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 last quarter. Creative Planning boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after acquiring an additional 927,083 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.8% in the third quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock valued at $872,431,000 after acquiring an additional 286,124 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.9% during the fourth quarter. Wealthfront Advisers LLC now owns 5,510,729 shares of the company’s stock worth $461,524,000 after purchasing an additional 449,017 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.3% during the third quarter. Raymond James Financial Inc. now owns 4,620,873 shares of the company’s stock worth $388,662,000 after purchasing an additional 431,590 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $82.58 on Friday. The stock’s 50-day moving average is $83.22 and its two-hundred day moving average is $83.73. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $80.42 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st will be paid a dividend of $0.3262 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Friday, May 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.