Independent Advisor Alliance Cuts Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Independent Advisor Alliance decreased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,468 shares of the company’s stock after selling 7,786 shares during the period. Independent Advisor Alliance’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,143,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Atlantic Union Bankshares Corp grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 26.5% in the fourth quarter. Atlantic Union Bankshares Corp now owns 103,436 shares of the company’s stock worth $8,663,000 after acquiring an additional 21,686 shares in the last quarter. World Investment Advisors boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 29.8% in the fourth quarter. World Investment Advisors now owns 32,056 shares of the company’s stock valued at $2,685,000 after acquiring an additional 7,359 shares during the period. Hirtle Callaghan & Co LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 389,247 shares of the company’s stock worth $32,599,000 after purchasing an additional 22,480 shares during the last quarter. Topsail Wealth Management LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.6% during the fourth quarter. Topsail Wealth Management LLC now owns 186,512 shares of the company’s stock worth $15,620,000 after purchasing an additional 9,914 shares during the last quarter. Finally, Seelaus Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 23.6% in the 4th quarter. Seelaus Asset Management LLC now owns 9,305 shares of the company’s stock valued at $779,000 after purchasing an additional 1,777 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

Shares of VCIT stock opened at $82.56 on Thursday. The business’s fifty day moving average price is $82.95 and its 200 day moving average price is $83.63. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $80.42 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a dividend of $0.3262 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Friday, May 1st.

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. 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.