Phillips Financial Management LLC Sells 15,827 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Phillips Financial Management LLC lessened its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 156,701 shares of the company’s stock after selling 15,827 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 0.9% of Phillips Financial Management LLC’s holdings, making the stock its 27th biggest position. Phillips Financial Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,180,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. TI Trust Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% in the third quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock valued at $271,000 after acquiring an additional 135 shares during the last quarter. Leo Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.8% during the 2nd quarter. Leo Wealth LLC now owns 7,998 shares of the company’s stock worth $651,000 after purchasing an additional 143 shares during the last quarter. Cedar Point Capital Partners LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock valued at $350,000 after purchasing an additional 145 shares during the period. Stevens Capital Partners lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.2% in the 3rd quarter. Stevens Capital Partners now owns 2,921 shares of the company’s stock valued at $246,000 after purchasing an additional 145 shares during the last quarter. Finally, Wallace Advisory Group LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the 2nd quarter. Wallace Advisory Group LLC now owns 4,984 shares of the company’s stock valued at $407,000 after purchasing an additional 149 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $83.91 on Friday. The business’s 50 day moving average price is $83.88 and its two-hundred day moving average price is $83.60. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were issued a dividend of $0.3223 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.