Connecticut Wealth Management LLC Sells 530 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Connecticut Wealth Management LLC lowered its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm 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 at the end of the most recent quarter.

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

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.6 %

VCIT traded up $0.46 during trading on Friday, reaching $79.26. The stock 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 business has a 50-day moving average of $79.46 and a 200-day moving average of $79.14.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.2919 per share. The ex-dividend date of this dividend is Wednesday, May 1st.

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.