Cherrydale Wealth Management LLC Lowers Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Cherrydale Wealth Management LLC cut its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 28.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 6,154 shares of the company’s stock after selling 2,464 shares during the quarter. Cherrydale Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $494,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock worth $3,952,729,000 after purchasing an additional 1,165,222 shares during the period. Creative Planning increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the third quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after buying an additional 395,318 shares during the period. LPL Financial LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock valued at $899,385,000 after acquiring an additional 375,394 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% in the third quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock worth $305,403,000 after acquiring an additional 113,864 shares during the period. Finally, Blue Trust Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.3% during the 3rd quarter. Blue Trust Inc. now owns 2,623,228 shares of the company’s stock worth $209,675,000 after acquiring an additional 59,941 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0 %

NASDAQ VCIT traded up $0.04 during trading on Friday, reaching $80.23. 4,940,990 shares of the company’s stock traded hands, compared to its average volume of 6,703,517. The company’s 50 day simple moving average is $80.89 and its two-hundred day simple moving average is $81.74. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.80 and a 12-month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.3119 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30. The ex-dividend date of this dividend was Tuesday, December 24th.

Vanguard Intermediate-Term Corporate Bond ETF 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.