Cascade Wealth Advisors Inc Sells 23,648 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Cascade Wealth Advisors Inc cut its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 145,383 shares of the company’s stock after selling 23,648 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 5.6% of Cascade Wealth Advisors Inc’s investment portfolio, making the stock its 5th biggest holding. Cascade Wealth Advisors Inc’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $12,199,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. DecisionPoint Financial LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% during the fourth quarter. DecisionPoint Financial LLC now owns 539,643 shares of the company’s stock valued at $45,195,000 after buying an additional 15,021 shares during the last quarter. Coyle Financial Counsel LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 17.1% in the third quarter. Coyle Financial Counsel LLC now owns 173,219 shares of the company’s stock worth $14,569,000 after acquiring an additional 25,336 shares during the period. Bishop & Co Investment Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.0% in the third quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock worth $40,350,000 after acquiring an additional 31,395 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $715,000. Finally, Atria Investments Inc raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.4% in the third quarter. Atria Investments Inc now owns 159,010 shares of the company’s stock worth $13,374,000 after acquiring an additional 13,632 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $82.49 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $80.42 and a twelve month high of $84.84. The company has a 50-day moving average price of $82.98 and a 200 day moving average price of $83.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a dividend of $0.3262 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Friday, May 1st.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.