Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Independent Advisor Alliance

Independent Advisor Alliance trimmed its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 49,468 shares of the company’s stock after selling 7,786 shares during the quarter. Independent Advisor Alliance’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,143,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after acquiring an additional 5,909,857 shares during the last quarter. Creative Planning raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after purchasing an additional 927,083 shares during the period. Envestnet Asset Management Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock worth $872,431,000 after acquiring an additional 286,124 shares in the last quarter. Wealthfront Advisers LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 8.9% during the 4th quarter. Wealthfront Advisers LLC now owns 5,510,729 shares of the company’s stock worth $461,524,000 after acquiring an additional 449,017 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.3% in the third quarter. Raymond James Financial Inc. now owns 4,620,873 shares of the company’s stock valued at $388,662,000 after purchasing an additional 431,590 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $82.56 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $80.42 and a 1-year high of $84.84. The business has a 50-day moving average of $82.95 and a 200-day moving average of $83.63.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a $0.3262 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.7%.

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.