Envestnet Portfolio Solutions Inc. Has $15.73 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Envestnet Portfolio Solutions Inc. lessened its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 25.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 189,666 shares of the company’s stock after selling 65,871 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,727,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of VCIT. Concorde Asset Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.0% in the first quarter. Concorde Asset Management LLC now owns 4,271 shares of the company’s stock valued at $347,000 after acquiring an additional 125 shares during the last quarter. Silver Oak Advisory Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.1% during the first quarter. Silver Oak Advisory Group Inc. now owns 11,656 shares of the company’s stock worth $953,000 after purchasing an additional 127 shares during the last quarter. Diversified Portfolios Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the first quarter. Diversified Portfolios Inc. now owns 23,221 shares of the company’s stock worth $1,899,000 after purchasing an additional 131 shares during the last quarter. NorthRock Partners LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 54.1% during the first quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock worth $31,000 after purchasing an additional 132 shares during the last quarter. Finally, Berger Financial Group Inc grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.9% during the first quarter. Berger Financial Group Inc now owns 2,836 shares of the company’s stock worth $232,000 after purchasing an additional 133 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $84.18 on Tuesday. The stock’s fifty day moving average is $83.70 and its 200-day moving average is $82.30. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.74.

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 paid a $0.326 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis 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.