Portside Wealth Group LLC Sells 7,851 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Portside Wealth Group LLC trimmed its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 48,706 shares of the company’s stock after selling 7,851 shares during the period. Portside Wealth Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,097,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VCIT. Caldwell Trust Co acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $25,000. Aspect Partners LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $28,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $31,000. NewSquare Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $33,000. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $83.51 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The company’s fifty day simple moving average is $83.88 and its 200 day simple moving average is $83.78.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.33 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.7%.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.