SevenBridge Financial Group LLC Sells 10,686 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

SevenBridge Financial Group LLC cut its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 35.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,426 shares of the company’s stock after selling 10,686 shares during the period. SevenBridge Financial Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,630,000 as of its most recent SEC filing.

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

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $83.18 on Thursday. The stock’s 50-day moving average is $84.01 and its 200-day moving average is $84.01. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.3026 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, March 2nd.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.