Valley Wealth Managers Inc. Lowers Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Valley Wealth Managers Inc. cut its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,384 shares of the company’s stock after selling 608 shares during the quarter. Valley Wealth Managers Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $593,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Steele Capital Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the fourth quarter. Steele Capital Management Inc. now owns 388,765 shares of the company’s stock worth $31,206,000 after buying an additional 6,385 shares in the last quarter. Key Financial Inc grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 41.5% in the fourth quarter. Key Financial Inc now owns 935 shares of the company’s stock valued at $75,000 after purchasing an additional 274 shares during the period. Atria Wealth Solutions Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 19.4% in the fourth quarter. Atria Wealth Solutions Inc. now owns 188,570 shares of the company’s stock valued at $15,137,000 after purchasing an additional 30,622 shares during the period. Venturi Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 24,125.1% in the fourth quarter. Venturi Wealth Management LLC now owns 212,454 shares of the company’s stock valued at $17,054,000 after purchasing an additional 211,577 shares during the period. Finally, D.A. Davidson & CO. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 141.0% in the fourth quarter. D.A. Davidson & CO. now owns 32,824 shares of the company’s stock valued at $2,635,000 after purchasing an additional 19,203 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.72 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25. The firm has a 50 day moving average price of $80.49 and a 200 day moving average price of $81.72.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.3129 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, February 3rd.

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.