Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Position Decreased by Sagace Wealth Management LLC

Sagace Wealth Management LLC cut its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 118,081 shares of the company’s stock after selling 7,494 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 6.7% of Sagace Wealth Management LLC’s holdings, making the stock its biggest position. Sagace Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $9,932,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Caldwell Trust Co bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth approximately $25,000. Mattson Financial Services LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at $28,000. Aspect Partners LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $28,000. Chapman Financial Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth $31,000. Finally, NewSquare Capital LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $83.82 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The business’s 50-day simple moving average is $84.04 and its two-hundred day simple moving average is $83.42.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were issued a dividend of $0.3223 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, December 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.