Signature Estate & Investment Advisors LLC Lowers Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Signature Estate & Investment Advisors LLC cut its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 40,109 shares of the company’s stock after selling 1,342 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,326,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VCIT. Mattson Financial Services LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth approximately $28,000. Anfield Capital Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth approximately $29,000. NorthRock Partners LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 54.1% in the first quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock worth $31,000 after acquiring an additional 132 shares during the last quarter. Centennial Bank AR acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth approximately $33,000. Finally, ORG Partners LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 360.0% in the second quarter. ORG Partners LLC now owns 414 shares of the company’s stock worth $34,000 after acquiring an additional 324 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT opened at $84.47 on Friday. The company’s 50 day simple moving average is $83.81 and its 200 day simple moving average is $82.37. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.74.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.326 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.6%.

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.