OneAscent Boosts Vanguard Corporate Bond ETF Stake
OneAscent Financial Services LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (VCIT) by 12.5% in Q1 2026.
June 6, 2026
1 min read
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Source: thelincolnianonline.com
Image: thelincolnianonline.com
OneAscent Financial Services LLC has increased its position in the Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 12.5% during the first quarter of 2026, according to a recent SEC filing. The firm now holds 1,350,000 shares of the ETF, valued at approximately $108.9 million.
The Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Bloomberg U.S. 5-10 Year Corporate Bond Index. As of June 2026, VCIT has an expense ratio of 0.04% and a dividend yield of approximately 4.2%.
This move aligns with a broader trend of institutional investors seeking exposure to investment-grade corporate bonds amid expectations of stable interest rates. OneAscent's increased stake reflects confidence in the intermediate-term corporate bond market.
❓ Frequently Asked Questions
What is the Vanguard Intermediate-Term Corporate Bond ETF (VCIT)?
VCIT is an exchange-traded fund that tracks the Bloomberg U.S. 5-10 Year Corporate Bond Index, focusing on investment-grade corporate bonds with maturities between 5 and 10 years.
Why did OneAscent increase its stake in VCIT?
The move likely reflects confidence in the intermediate-term corporate bond market, possibly due to expectations of stable interest rates and attractive yields.
How much is OneAscent's investment in VCIT worth?
As of the latest filing, OneAscent holds 1,350,000 shares of VCIT, valued at approximately $108.9 million.
