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

IVC Wealth Advisors LLC cut its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,526 shares of the company’s stock after selling 426 shares during the period. IVC Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $463,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of VCIT. Prudential PLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.9% in the second quarter. Prudential PLC now owns 22,681,050 shares of the company’s stock valued at $1,812,896,000 after purchasing an additional 10,210,788 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 1st quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock worth $5,043,820,000 after purchasing an additional 3,892,110 shares during the period. Envestnet Asset Management Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,027,030 shares of the company’s stock valued at $801,460,000 after buying an additional 2,914,442 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% during the third quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock valued at $199,560,000 after buying an additional 2,368,191 shares during the period. Finally, Public Sector Pension Investment Board bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $127,888,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $81.71 on Monday. The firm has a 50 day moving average of $83.06 and a 200-day moving average of $81.12. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $74.30 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.301 dividend. This is an increase 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.