SpringVest Wealth Management LLC Sells 19,658 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

SpringVest Wealth Management LLC lowered its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 231,732 shares of the company’s stock after selling 19,658 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 11.1% of SpringVest Wealth Management LLC’s investment portfolio, making the stock its largest position. SpringVest Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $18,147,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at $553,000. Brighton Securities CORP. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $1,126,000. HB Wealth Management LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 242.9% during the 2nd quarter. HB Wealth Management LLC now owns 30,777 shares of the company’s stock valued at $2,544,000 after acquiring an additional 21,801 shares during the period. Scott Capital Advisors LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.4% during the 3rd quarter. Scott Capital Advisors LLC now owns 506,821 shares of the company’s stock valued at $39,669,000 after acquiring an additional 150,793 shares during the period. Finally, Talon Private Wealth LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 21.5% in the 2nd quarter. Talon Private Wealth LLC now owns 41,199 shares of the company’s stock valued at $3,405,000 after acquiring an additional 7,304 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2%

NASDAQ VCIT opened at $79.34 on Thursday. The stock has a 50-day moving average of $79.55 and a two-hundred day moving average of $81.96. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.61 and a 1-year high of $84.84.

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.