Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Capital Advantage Inc.

Capital Advantage Inc. lessened its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,003,349 shares of the company’s stock after selling 11,358 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises about 11.3% of Capital Advantage Inc.’s investment portfolio, making the stock its biggest holding. Capital Advantage Inc. owned 0.14% of Vanguard Intermediate-Term Corporate Bond ETF worth $84,030,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.6% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock valued at $2,004,000 after buying an additional 9,607 shares during the period. Cordant Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.8% during the third quarter. Cordant Inc. now owns 174,275 shares of the company’s stock valued at $14,658,000 after buying an additional 6,300 shares in the last quarter. Bishop & Co Investment Management LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.0% during the third quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock worth $40,350,000 after acquiring an additional 31,395 shares during the period. Global Retirement Partners LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $10,304,000. Finally, Coyle Financial Counsel LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 17.1% in the third quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock worth $14,569,000 after acquiring an additional 25,336 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $82.15 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.84. The firm has a 50-day moving average of $83.85 and a two-hundred day moving average of $83.97.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.3026 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Monday, March 2nd.

About Vanguard Intermediate-Term Corporate Bond ETF

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.