Bridgewater Advisors Inc. Takes Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Bridgewater Advisors Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 589,915 shares of the company’s stock, valued at approximately $48,196,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 5.0% of Bridgewater Advisors Inc.’s portfolio, making the stock its 5th largest holding. Bridgewater Advisors Inc. owned 0.10% of Vanguard Intermediate-Term Corporate Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Exencial Wealth Advisors LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the third quarter. Exencial Wealth Advisors LLC now owns 193,568 shares of the company’s stock valued at $16,211,000 after acquiring an additional 1,092 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 177.5% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 229,742 shares of the company’s stock valued at $19,241,000 after purchasing an additional 146,938 shares during the last quarter. Maia Wealth LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at about $799,000. White Lighthouse Investment Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.1% in the third quarter. White Lighthouse Investment Management Inc. now owns 201,001 shares of the company’s stock worth $16,834,000 after purchasing an additional 13,286 shares during the last quarter. Finally, Callahan Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.4% in the third quarter. Callahan Advisors LLC now owns 3,239 shares of the company’s stock worth $271,000 after buying an additional 166 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.80 on Thursday. The stock has a 50 day moving average of $82.80 and a 200 day moving average of $81.27. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $75.75 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.3166 dividend. This represents a $3.80 annualized dividend and a yield of 4.70%. The ex-dividend date was Friday, November 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

About Vanguard Intermediate-Term Corporate Bond ETF

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.