Independence Asset Advisors LLC Sells 1,140 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Independence Asset Advisors LLC cut its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 20,633 shares of the company’s stock after selling 1,140 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 34.3% of Independence Asset Advisors LLC’s investment portfolio, making the stock its biggest holding. Independence Asset Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,732,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of VCIT. Mather Group LLC. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $30,000. Sound Income Strategies LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $33,000. Pineridge Advisors LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the 1st quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares in the last quarter. Finally, American National Bank increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the second quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after purchasing an additional 195 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2 %

Shares of VCIT stock opened at $82.91 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $84.25. The stock has a 50 day simple moving average of $83.08 and a 200 day simple moving average of $80.99.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.301 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date was Tuesday, September 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.