SouthState Corp Has $571,000 Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

SouthState Corp lowered its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 7,026 shares of the company’s stock after selling 947 shares during the period. SouthState Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $571,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VCIT. Divergent Planning LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.3% during the fourth quarter. Divergent Planning LLC now owns 238,968 shares of the company’s stock valued at $19,323,000 after purchasing an additional 7,577 shares in the last quarter. Redmont Wealth Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 24.1% in the fourth quarter. Redmont Wealth Advisors LLC now owns 27,618 shares of the company’s stock worth $2,245,000 after purchasing an additional 5,368 shares during the last quarter. Evergreen Advisors LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.2% during the third quarter. Evergreen Advisors LLC now owns 420,429 shares of the company’s stock valued at $31,944,000 after acquiring an additional 8,866 shares during the last quarter. Total Clarity Wealth Management Inc. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at $316,000. Finally, Greenwich Wealth Management LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.2% during the fourth quarter. Greenwich Wealth Management LLC now owns 23,467 shares of the company’s stock valued at $1,907,000 after acquiring an additional 275 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT traded up $0.46 during trading on Friday, reaching $79.26. 6,946,721 shares of the stock traded hands, compared to its average volume of 8,051,373. The stock’s 50-day moving average is $79.47 and its 200 day moving average is $79.05. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.78 and a 12 month high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be issued 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.