Equita Financial Network Inc. Reduces Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Equita Financial Network Inc. cut its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 178,310 shares of the company’s stock after selling 7,455 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 5.9% of Equita Financial Network Inc.’s portfolio, making the stock its 4th biggest position. Equita Financial Network Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $14,785,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in VCIT. Concorde Asset Management LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.0% during the first quarter. Concorde Asset Management LLC now owns 4,271 shares of the company’s stock valued at $347,000 after buying an additional 125 shares during the period. Silver Oak Advisory Group Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.1% during the 1st quarter. Silver Oak Advisory Group Inc. now owns 11,656 shares of the company’s stock worth $953,000 after acquiring an additional 127 shares in the last quarter. NorthRock Partners LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 54.1% during the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock valued at $31,000 after purchasing an additional 132 shares during the period. Berger Financial Group Inc increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.9% during the 1st quarter. Berger Financial Group Inc now owns 2,836 shares of the company’s stock valued at $232,000 after purchasing an additional 133 shares during the period. Finally, Axis Wealth Partners LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.1% in the 1st quarter. Axis Wealth Partners LLC now owns 6,595 shares of the company’s stock valued at $539,000 after purchasing an additional 136 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

Shares of VCIT opened at $84.82 on Tuesday. The company has a 50 day moving average price of $84.00 and a 200-day moving average price of $82.55. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced 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.