Connecticut Wealth Management LLC Cuts Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Connecticut Wealth Management LLC lessened its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,798 shares of the company’s stock after selling 530 shares during the quarter. Connecticut Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,447,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in VCIT. Fisher Asset Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 4th quarter. Fisher Asset Management LLC now owns 73,219,949 shares of the company’s stock valued at $5,951,318,000 after purchasing an additional 4,560,437 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.2% in the 3rd quarter. Royal Bank of Canada now owns 10,642,263 shares of the company’s stock valued at $808,597,000 after purchasing an additional 1,933,732 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the 3rd quarter. LPL Financial LLC now owns 10,439,091 shares of the company’s stock valued at $793,162,000 after purchasing an additional 385,801 shares during the last quarter. Prudential PLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the 3rd quarter. Prudential PLC now owns 9,778,515 shares of the company’s stock valued at $742,972,000 after purchasing an additional 4,402,033 shares during the last quarter. Finally, Morgan Stanley lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.6% in the 3rd quarter. Morgan Stanley now owns 9,343,865 shares of the company’s stock valued at $709,947,000 after purchasing an additional 661,996 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT traded up $0.46 during trading on Friday, hitting $79.26. The company had a trading volume of 6,946,854 shares, compared to its average volume of 8,051,373. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one year high of $81.65. The company has a fifty day simple moving average of $79.46 and a two-hundred day simple moving average of $79.14.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be paid a $0.2919 dividend. The ex-dividend date of this dividend is Wednesday, May 1st.

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.