Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Stake Lowered by Financial Counselors Inc.

Financial Counselors Inc. trimmed its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 16.2% during the fourth quarter, Holdings Channel reports. The firm owned 12,207 shares of the company’s stock after selling 2,362 shares during the period. Financial Counselors Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $980,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in VCIT. Providence Capital Advisors LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth $25,000. Truvestments Capital LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 145.6% during the fourth quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock worth $27,000 after acquiring an additional 198 shares during the last quarter. Tortoise Investment Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $28,000. Midwest Capital Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $33,000. Finally, Nvwm LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after purchasing an additional 149 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $81.24 on Friday. The company has a 50-day moving average price of $81.07 and a two-hundred day moving average price of $81.52. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.2865 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.