Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Sold by Wells Financial Advisors INC

Wells Financial Advisors INC lessened its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,640 shares of the company’s stock after selling 616 shares during the quarter. Wells Financial Advisors INC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $302,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 238.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 85,667 shares of the company’s stock worth $7,104,000 after acquiring an additional 60,330 shares during the last quarter. Almanack Investment Partners LLC. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $352,000. Genesee Capital Advisors LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.0% during the second quarter. Genesee Capital Advisors LLC now owns 15,442 shares of the company’s stock worth $1,280,000 after acquiring an additional 303 shares during the last quarter. CWM LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 15.3% during the second quarter. CWM LLC now owns 405,371 shares of the company’s stock worth $33,613,000 after acquiring an additional 53,729 shares during the last quarter. Finally, Hassell Wealth Management LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7.2% during the second quarter. Hassell Wealth Management LLC now owns 295,361 shares of the company’s stock worth $24,376,000 after acquiring an additional 19,723 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $83.94 on Monday. The business has a fifty day moving average of $83.68 and a two-hundred day moving average of $82.28. 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 firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.326 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.7%.

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.