Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Sets New 52-Week Low – Time to Sell?

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) shares hit a new 52-week low on Wednesday . The company traded as low as $81.41 and last traded at $81.42, with a volume of 453903 shares traded. The stock had previously closed at $81.53.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1%

The business has a 50 day moving average of $82.24 and a 200-day moving average of $83.04.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a $0.3319 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Trading of Vanguard Intermediate-Term Corporate Bond ETF

A number of large investors have recently made changes to their positions in VCIT. GoalFusion Wealth Management LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.8% in the 2nd quarter. GoalFusion Wealth Management LLC now owns 262,321 shares of the company’s stock valued at $21,681,000 after purchasing an additional 14,272 shares during the last quarter. Buska Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.1% during the second quarter. Buska Wealth Management LLC now owns 86,334 shares of the company’s stock worth $7,136,000 after buying an additional 7,212 shares in the last quarter. Envision Financial LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the second quarter. Envision Financial LLC now owns 124,185 shares of the company’s stock valued at $10,264,000 after buying an additional 10,510 shares during the last quarter. Annex Advisory Services LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $211,000. Finally, Farrell Financial LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the second quarter. Farrell Financial LLC now owns 109,291 shares of the company’s stock worth $9,033,000 after acquiring an additional 6,736 shares during the last quarter.

About Vanguard Intermediate-Term Corporate Bond ETF

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.