SpringVest Wealth Management LLC Sells 24,774 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

SpringVest Wealth Management LLC trimmed its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 250,501 shares of the company’s stock after selling 24,774 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 14.6% of SpringVest Wealth Management LLC’s investment portfolio, making the stock its biggest position. SpringVest Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $20,980,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Bank of America Corp DE lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock worth $6,922,020,000 after acquiring an additional 5,909,857 shares during the last quarter. Creative Planning lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the 3rd quarter. Creative Planning now owns 26,438,339 shares of the company’s stock worth $2,223,729,000 after acquiring an additional 927,083 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock worth $872,431,000 after acquiring an additional 286,124 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 5,061,712 shares of the company’s stock worth $425,741,000 after acquiring an additional 189,986 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.3% in the 3rd quarter. Raymond James Financial Inc. now owns 4,620,873 shares of the company’s stock worth $388,662,000 after acquiring an additional 431,590 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $82.95 on Friday. The firm’s 50 day moving average price is $83.46 and its 200-day moving average price is $83.81. 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 Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were paid a dividend of $0.3438 per share. The ex-dividend date of this dividend was Wednesday, April 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.