Phillips Financial Management LLC Sells 15,827 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

by · The Cerbat Gem

Phillips Financial Management LLC cut its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Free Report) by 9.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 156,701 shares of the company’s stock after selling 15,827 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 0.9% of Phillips Financial Management LLC’s investment portfolio, making the stock its 27th largest position. Phillips Financial Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,180,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Cordant Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% during the 3rd quarter. Cordant Inc. now owns 174,275 shares of the company’s stock worth $14,658,000 after purchasing an additional 6,300 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $10,304,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 67.6% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock valued at $2,004,000 after buying an additional 9,607 shares during the period. Grandview Asset Management LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% during the second quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock worth $1,107,000 after buying an additional 643 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth approximately $935,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.91 on Friday. The stock’s fifty day moving average price is $83.88 and its two-hundred day moving average price is $83.60. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a $0.3223 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, December 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

(Free Report)

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.

Further Reading

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