Wells Financial Advisors INC Lowers Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Wells Financial Advisors INC reduced its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,640 shares of the company’s stock after selling 616 shares during the period. Wells Financial Advisors INC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $302,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of VCIT. Brighton Jones LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the fourth quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock worth $716,000 after buying an additional 4,627 shares during the period. GAMMA Investing LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,781.3% during the first quarter. GAMMA Investing LLC now owns 13,000 shares of the company’s stock worth $1,063,000 after buying an additional 12,309 shares during the period. Fifth Third Bancorp boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 123.7% during the first quarter. Fifth Third Bancorp now owns 4,442 shares of the company’s stock worth $363,000 after buying an additional 2,456 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 36.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 310,258 shares of the company’s stock worth $25,367,000 after buying an additional 83,149 shares during the period. Finally, Vaughan Nelson Investment Management L.P. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 5,050 shares of the company’s stock worth $413,000 after buying an additional 135 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2%

NASDAQ:VCIT opened at $83.94 on Monday. The stock has a fifty day moving average price of $83.68 and a 200 day moving average price of $82.28. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.74.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were issued a $0.326 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.