Naviter Wealth LLC Sells 1,280 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Naviter Wealth LLC decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 83,131 shares of the company’s stock after selling 1,280 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 0.8% of Naviter Wealth LLC’s portfolio, making the stock its 24th biggest position. Naviter Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,673,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Providence Capital Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth $25,000. Midwest Capital Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $33,000. Nvwm LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after acquiring an additional 149 shares during the period. Sound Income Strategies LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 50.7% during the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock valued at $43,000 after buying an additional 179 shares during the period. Finally, Field & Main Bank purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.33 on Friday. The business has a fifty day simple moving average of $80.67 and a two-hundred day simple moving average of $81.68. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2865 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About Vanguard Intermediate-Term Corporate Bond ETF

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.