Redmont Wealth Advisors LLC Has $281,000 Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Redmont Wealth Advisors LLC cut its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 87.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,493 shares of the company’s stock after selling 24,125 shares during the quarter. Redmont Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $281,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VCIT. Schmidt P J Investment Management Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.8% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 7,092 shares of the company’s stock worth $570,000 after buying an additional 126 shares during the last quarter. Defined Wealth Management LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.2% in the fourth quarter. Defined Wealth Management LLC now owns 11,551 shares of the company’s stock valued at $939,000 after buying an additional 132 shares in the last quarter. Roger Wittlin Investment Advisory LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the fourth quarter. Roger Wittlin Investment Advisory LLC now owns 11,256 shares of the company’s stock worth $915,000 after buying an additional 154 shares during the last quarter. Bogart Wealth LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 20.8% during the fourth quarter. Bogart Wealth LLC now owns 935 shares of the company’s stock worth $76,000 after buying an additional 161 shares in the last quarter. Finally, Leeward Financial Partners LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the fourth quarter. Leeward Financial Partners LLC now owns 20,355 shares of the company’s stock worth $1,654,000 after buying an additional 162 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.6 %

Shares of NASDAQ VCIT traded up $0.48 during mid-day trading on Wednesday, hitting $80.12. 2,476,796 shares of the stock traded hands, compared to its average volume of 7,388,684. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $73.78 and a twelve month high of $81.65. The firm has a 50 day simple moving average of $79.59 and a two-hundred day simple moving average of $79.93.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be paid a dividend of $0.2887 per share. The ex-dividend date is Monday, July 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.