HUB Investment Partners LLC Sells 9,568 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

HUB Investment Partners LLC lowered its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 59.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,407 shares of the company’s stock after selling 9,568 shares during the quarter. HUB Investment Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $539,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VCIT. Caldwell Trust Co bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $25,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $31,000. Abich Financial Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $35,000. Delos Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth about $37,000. Finally, Founders Financial Alliance LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $45,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3%

Shares of NASDAQ VCIT opened at $83.63 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.84. The firm’s 50-day simple moving average is $84.03 and its 200 day simple moving average is $84.00.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.3026 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, March 2nd.

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.