ICA Group Wealth Management LLC Sells 502 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

ICA Group Wealth Management LLC lowered its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,446 shares of the company’s stock after selling 502 shares during the period. ICA Group Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $524,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VCIT. Deutsche Bank AG boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.7% in the 3rd quarter. Deutsche Bank AG now owns 111,037 shares of the company’s stock valued at $8,437,000 after purchasing an additional 5,943 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at $4,638,000. Envestnet Asset Management Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 17.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,541,520 shares of the company’s stock valued at $345,065,000 after purchasing an additional 688,656 shares during the period. Cambria Investment Management L.P. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.8% in the 3rd quarter. Cambria Investment Management L.P. now owns 19,425 shares of the company’s stock valued at $1,471,000 after purchasing an additional 525 shares during the period. Finally, Robertson Stephens Wealth Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 221.4% in the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 15,981 shares of the company’s stock valued at $1,214,000 after purchasing an additional 11,009 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $80.21 on Tuesday. The business has a fifty day simple moving average of $79.24 and a 200 day simple moving average of $79.88. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $73.78 and a 1 year high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were given a dividend of $0.2992 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, June 3rd.

Vanguard Intermediate-Term Corporate Bond ETF 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.