Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Montag A & Associates Inc.

Montag A & Associates Inc. trimmed its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 34,833 shares of the company’s stock after selling 6,066 shares during the quarter. Montag A & Associates Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,917,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Bank of America Corp DE raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the third quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock worth $6,922,020,000 after acquiring an additional 5,909,857 shares during the last quarter. Creative Planning raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock worth $2,223,729,000 after acquiring an additional 927,083 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.8% in the third quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock worth $872,431,000 after acquiring an additional 286,124 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.9% in the fourth quarter. Wealthfront Advisers LLC now owns 5,510,729 shares of the company’s stock worth $461,524,000 after acquiring an additional 449,017 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.3% in the third quarter. Raymond James Financial Inc. now owns 4,620,873 shares of the company’s stock worth $388,662,000 after acquiring an additional 431,590 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $82.58 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $80.42 and a fifty-two week high of $84.84. The business has a fifty day moving average of $83.22 and a 200-day moving average of $83.73.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st will be given a $0.3262 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a c) dividend on an annualized basis 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.