Executive Wealth Group LLC Cuts Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Executive Wealth Group LLC trimmed its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,955 shares of the company’s stock after selling 2,450 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 2.1% of Executive Wealth Group LLC’s investment portfolio, making the stock its 14th largest position. Executive Wealth Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,329,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Creekmur Asset Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $26,000. Tidemark LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $30,000. Evolution Advisers Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $35,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at about $38,000. Finally, AdvisorNet Financial Inc grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 344.8% in the fourth quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock worth $42,000 after purchasing an additional 400 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock traded down $0.28 during trading hours on Monday, reaching $80.21. The company’s stock had a trading volume of 3,224,239 shares, compared to its average volume of 7,612,379. The firm’s fifty day simple moving average is $79.22 and its 200 day simple moving average is $79.87. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $73.78 and a one 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 $0.2992 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, June 3rd.

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.