Cypress Financial Planning LLC Trims Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Cypress Financial Planning LLC cut its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 57.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 205,708 shares of the company’s stock after selling 278,620 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 4.4% of Cypress Financial Planning LLC’s holdings, making the stock its 9th biggest holding. Cypress Financial Planning LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $16,109,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in VCIT. NBH Bank bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $28,000. HHM Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at about $29,000. Monetary Solutions Ltd bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $30,000. Go Invest LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $32,000. Finally, Bayban purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $36,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT traded down $0.07 during trading on Friday, reaching $78.41. 8,500,883 shares of the company traded hands, compared to its average volume of 11,100,565. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.61 and a 52-week high of $84.84. The business’s fifty day moving average is $80.18 and its 200-day moving average is $81.62.

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.