Founders Financial Securities LLC Trims Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Founders Financial Securities LLC cut its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 82.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,898 shares of the company’s stock after selling 28,141 shares during the quarter. Founders Financial Securities LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $496,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% in the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after acquiring an additional 4,627 shares during the last quarter. Hsbc Holdings PLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 16.3% in the first quarter. Hsbc Holdings PLC now owns 4,790 shares of the company’s stock valued at $392,000 after purchasing an additional 673 shares during the last quarter. CreativeOne Wealth LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 12.2% during the first quarter. CreativeOne Wealth LLC now owns 24,059 shares of the company’s stock worth $1,967,000 after buying an additional 2,615 shares during the period. Ieq Capital LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $241,000. Finally, Transamerica Financial Advisors LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.2% in the 1st quarter. Transamerica Financial Advisors LLC now owns 12,540 shares of the company’s stock worth $1,026,000 after buying an additional 501 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $83.82 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84. The business has a 50-day moving average of $84.03 and a two-hundred day moving average of $83.42.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.