Avidian Wealth Solutions LLC Invests $269,000 in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Avidian Wealth Solutions LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,310 shares of the company’s stock, valued at approximately $269,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VCIT. Stokes Family Office LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.1% during the 4th quarter. Stokes Family Office LLC now owns 24,052 shares of the company’s stock valued at $1,955,000 after acquiring an additional 6,506 shares in the last quarter. Divergent Planning LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.3% during the fourth quarter. Divergent Planning LLC now owns 238,968 shares of the company’s stock valued at $19,323,000 after purchasing an additional 7,577 shares in the last quarter. Redmont Wealth Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 24.1% during the fourth quarter. Redmont Wealth Advisors LLC now owns 27,618 shares of the company’s stock valued at $2,245,000 after purchasing an additional 5,368 shares in the last quarter. Evergreen Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.2% during the third quarter. Evergreen Advisors LLC now owns 420,429 shares of the company’s stock worth $31,944,000 after purchasing an additional 8,866 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $316,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2 %

Shares of NASDAQ VCIT opened at $79.40 on Tuesday. The company has a 50 day simple moving average of $79.45 and a 200 day simple moving average of $79.18. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were paid a dividend of $0.2919 per share. The ex-dividend date of this dividend was Wednesday, 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.