Sequoia Financial Advisors LLC Trims Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sequoia Financial Advisors LLC trimmed its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 80.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,485 shares of the company’s stock after selling 707,883 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $14,844,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VCIT. Caldwell Trust Co bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at about $25,000. Aspect Partners LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $28,000. Chapman Financial Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $31,000. NewSquare Capital LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at approximately $33,000. Finally, ORG Partners LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 360.0% in the 2nd quarter. ORG Partners LLC now owns 414 shares of the company’s stock worth $34,000 after purchasing an additional 324 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $83.78 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84. The business has a 50 day simple moving average of $83.91 and a two-hundred day simple moving average of $83.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a dividend of $0.3223 per share. This represents a c) annualized dividend 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

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.