ProVise Management Group LLC Sells 3,596 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

ProVise Management Group LLC cut its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 33.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,231 shares of the company’s stock after selling 3,596 shares during the quarter. ProVise Management Group LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Fisher Asset Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 4th quarter. Fisher Asset Management LLC now owns 73,219,949 shares of the company’s stock worth $5,951,318,000 after buying an additional 4,560,437 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 19.8% in the 4th quarter. The Manufacturers Life Insurance Company now owns 9,590,500 shares of the company’s stock valued at $779,516,000 after purchasing an additional 1,585,673 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 81.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,338,854 shares of the company’s stock valued at $433,942,000 after purchasing an additional 2,395,580 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,612,348 shares of the company’s stock worth $374,892,000 after purchasing an additional 70,828 shares during the period. Finally, Blue Trust Inc. lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 16.0% in the first quarter. Blue Trust Inc. now owns 2,569,853 shares of the company’s stock worth $206,899,000 after purchasing an additional 355,390 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT traded down $0.20 during trading on Friday, hitting $80.75. 3,511,728 shares of the company’s stock traded hands, compared to its average volume of 7,179,249. The stock has a fifty day moving average of $80.04 and a two-hundred day moving average of $79.91. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $73.78 and a 12-month high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were issued a dividend of $0.2887 per share. The ex-dividend date was Monday, 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.