Wallace Advisory Group LLC Trims Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Wallace Advisory Group LLC decreased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 2.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,336 shares of the company’s stock after selling 131 shares during the period. Wallace Advisory Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $363,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Cypress Financial Planning LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.8% in the fourth quarter. Cypress Financial Planning LLC now owns 399,215 shares of the company’s stock valued at $32,045,000 after purchasing an additional 6,919 shares during the period. Rosenberg Matthew Hamilton raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 11.9% during the 4th quarter. Rosenberg Matthew Hamilton now owns 278,929 shares of the company’s stock valued at $22,390,000 after purchasing an additional 29,757 shares in the last quarter. Global Financial Private Client LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.8% in the 4th quarter. Global Financial Private Client LLC now owns 22,288 shares of the company’s stock worth $1,789,000 after buying an additional 3,373 shares during the period. Shotwell Rutter Baer Inc grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the 4th quarter. Shotwell Rutter Baer Inc now owns 140,417 shares of the company’s stock worth $11,148,000 after buying an additional 5,514 shares in the last quarter. Finally, Christensen King & Associates Investment Services Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 146.5% during the fourth quarter. Christensen King & Associates Investment Services Inc. now owns 38,729 shares of the company’s stock valued at $3,055,000 after buying an additional 23,016 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $79.17 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.25. The business has a 50-day moving average price of $80.98 and a 200 day moving average price of $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a $0.3119 dividend. The ex-dividend date was Tuesday, December 24th. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.