Virtue Capital Management LLC Reduces Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Virtue Capital Management LLC cut its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 21.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,165 shares of the company’s stock after selling 15,795 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 0.9% of Virtue Capital Management LLC’s holdings, making the stock its 26th largest holding. Virtue Capital Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,657,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VCIT. JPMorgan Chase & Co. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the second quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after buying an additional 3,404,271 shares during the period. Creative Planning increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.0% during the 2nd quarter. Creative Planning now owns 25,511,256 shares of the company’s stock valued at $2,115,393,000 after buying an additional 505,937 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% in the 1st quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock worth $821,046,000 after purchasing an additional 987,197 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the second quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock worth $403,964,000 after buying an additional 1,995,404 shares during the last quarter. Finally, Nepc LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 12.9% in the 1st quarter. Nepc LLC now owns 4,299,709 shares of the company’s stock valued at $351,544,000 after acquiring an additional 490,792 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2%

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $84.62 on Friday. The business’s fifty day moving average is $84.12 and its 200 day moving average is $83.04. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year 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. Investors of record on Wednesday, October 1st were issued a $0.326 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.6%.

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.