NewEdge Wealth LLC Reduces Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

NewEdge Wealth LLC cut its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 428,364 shares of the company’s stock after selling 3,567 shares during the period. NewEdge Wealth LLC owned about 0.07% of Vanguard Intermediate-Term Corporate Bond ETF worth $34,385,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Trustmark National Bank Trust Department raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the 3rd quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock worth $1,198,000 after acquiring an additional 134 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock worth $596,000 after purchasing an additional 138 shares during the last quarter. Kingsview Wealth Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock worth $1,409,000 after purchasing an additional 139 shares during the last quarter. Capital Investment Advisors LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the fourth quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock valued at $265,000 after purchasing an additional 144 shares in the last quarter. Finally, Stablepoint Partners LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the fourth quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after purchasing an additional 144 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $81.91 on Thursday. The firm has a fifty day simple moving average of $80.48 and a two-hundred day simple moving average of $81.71. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.3129 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31.

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.