Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Capital Advantage Inc.

Capital Advantage Inc. cut its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,003,349 shares of the company’s stock after selling 11,358 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 11.3% of Capital Advantage Inc.’s holdings, making the stock its biggest position. Capital Advantage Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $84,030,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of VCIT. Rothschild Investment LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.4% during the third quarter. Rothschild Investment LLC now owns 810 shares of the company’s stock valued at $68,000 after purchasing an additional 120 shares during the last quarter. Topel & Distasi Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.5% in the 3rd quarter. Topel & Distasi Wealth Management LLC now owns 25,872 shares of the company’s stock valued at $2,176,000 after purchasing an additional 131 shares during the period. TI Trust Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the 3rd quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock worth $271,000 after purchasing an additional 135 shares in the last quarter. Cedar Point Capital Partners LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock worth $350,000 after purchasing an additional 145 shares in the last quarter. Finally, Stevens Capital Partners raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% during the 3rd quarter. Stevens Capital Partners now owns 2,921 shares of the company’s stock worth $246,000 after buying an additional 145 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.9%

VCIT stock opened at $82.15 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84. The firm has a 50-day moving average of $83.85 and a two-hundred day moving average of $83.97.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.3026 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.