NewEdge Wealth LLC Sells 8,475 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

NewEdge Wealth LLC lessened its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 172,561 shares of the company’s stock after selling 8,475 shares during the period. NewEdge Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $14,452,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in VCIT. Richards Merrill & Peterson Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $30,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $31,000. United Financial Planning Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $35,000. Finally, Founders Financial Alliance LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.4%

NASDAQ:VCIT opened at $82.89 on Friday. The stock’s fifty day moving average price is $83.10 and its two-hundred day moving average price is $83.69. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $80.42 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a dividend of $0.3262 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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. 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.