Iron Horse Wealth Management LLC Cuts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Iron Horse Wealth Management LLC lessened its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 183,621 shares of the company’s stock after selling 883 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 4.5% of Iron Horse Wealth Management LLC’s holdings, making the stock its 11th biggest holding. Iron Horse Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,226,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.4% in the 1st quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock valued at $4,244,058,000 after acquiring an additional 1,718,299 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock valued at $941,576,000 after acquiring an additional 1,110,990 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% in the 1st quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock valued at $821,046,000 after acquiring an additional 987,197 shares during the period. Nepc LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.9% in the 1st quarter. Nepc LLC now owns 4,299,709 shares of the company’s stock valued at $351,544,000 after acquiring an additional 490,792 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.8% in the 1st quarter. Raymond James Financial Inc. now owns 4,261,894 shares of the company’s stock valued at $348,452,000 after acquiring an additional 233,367 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $84.06 on Friday. The company’s fifty day simple moving average is $83.56 and its 200-day simple moving average is $82.19. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.74.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were issued a dividend of $0.326 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.