Wedbush Securities Inc. Sells 4,152 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Wedbush Securities Inc. trimmed its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 43.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,378 shares of the company’s stock after selling 4,152 shares during the quarter. Wedbush Securities Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $446,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after purchasing an additional 4,627 shares during the period. LRI Investments LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth approximately $48,000. Edgestream Partners L.P. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth approximately $2,003,000. Bogart Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.7% during the first quarter. Bogart Wealth LLC now owns 1,258 shares of the company’s stock valued at $103,000 after buying an additional 189 shares during the period. Finally, SBI Securities Co. Ltd. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.3% during the first quarter. SBI Securities Co. Ltd. now owns 4,521 shares of the company’s stock valued at $370,000 after buying an additional 529 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.4%

NASDAQ:VCIT opened at $84.05 on Wednesday. The firm’s fifty day simple moving average is $84.16 and its 200 day simple moving average is $82.83. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were given a dividend of $0.326 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, October 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.