Elmwood Wealth Management Inc. Reduces Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Elmwood Wealth Management Inc. trimmed its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 19,924 shares of the company’s stock after selling 962 shares during the period. Elmwood Wealth Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,652,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Mattson Financial Services LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at $28,000. Anfield Capital Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at $29,000. NorthRock Partners LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 54.1% in the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock valued at $31,000 after buying an additional 132 shares during the last quarter. Centennial Bank AR purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at $33,000. Finally, ORG Partners LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 360.0% in the 2nd quarter. ORG Partners LLC now owns 414 shares of the company’s stock valued at $34,000 after buying an additional 324 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $84.18 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.74. The company’s fifty day moving average is $83.70 and its two-hundred day moving average is $82.30.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were given a dividend of $0.326 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, October 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.