Phillips Financial Management LLC Sells 14,115 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Phillips Financial Management LLC lowered its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 183,740 shares of the company’s stock after selling 14,115 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 1.2% of Phillips Financial Management LLC’s holdings, making the stock its 24th largest holding. Phillips Financial Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $14,749,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Providence Capital Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $25,000. Truvestments Capital LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 145.6% in the fourth quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock worth $27,000 after buying an additional 198 shares during the period. Tortoise Investment Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $28,000. Midwest Capital Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $33,000. Finally, Nvwm LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after purchasing an additional 149 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $80.95 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.26. The stock’s 50-day moving average is $80.73 and its 200 day moving average is $81.64.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2865 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.