Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Gibbs Wealth Management’s 9th Largest Position

Gibbs Wealth Management increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 67.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 189,502 shares of the company’s stock after purchasing an additional 76,017 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 2.1% of Gibbs Wealth Management’s investment portfolio, making the stock its 9th biggest position. Gibbs Wealth Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,681,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. HHM Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at about $29,000. Brown Brothers Harriman & Co. lifted its stake in shares of 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 acquiring 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 in the 4th quarter valued at about $30,000. Monetary Solutions Ltd purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $30,000. Finally, Chapman Financial Group LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.12 on Friday. The business’s 50 day simple moving average is $82.19 and its two-hundred day simple moving average is $83.00. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $81.04 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.3319 dividend. The ex-dividend date of this dividend was Wednesday, July 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.