RKL Wealth Management LLC Reduces Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

RKL Wealth Management LLC lowered its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 255,681 shares of the company’s stock after selling 12,482 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 1.9% of RKL Wealth Management LLC’s holdings, making the stock its 13th largest position. RKL Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $21,158,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in VCIT. HHM Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $29,000. Brown Brothers Harriman & Co. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after buying an additional 200 shares during the period. Richards Merrill & Peterson Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $30,000. Monetary Solutions Ltd purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $30,000. Finally, Chapman Financial Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $82.19 on Thursday. The company’s 50 day simple moving average is $82.52 and its 200-day simple moving average is $83.22. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.3319 per share. The ex-dividend date of this dividend is Wednesday, July 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.