Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Sold by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC lowered its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 13.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,086 shares of the company’s stock after selling 792 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $407,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Lion Street Advisors LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 8.3% during the 2nd quarter. Lion Street Advisors LLC now owns 36,703 shares of the company’s stock valued at $2,934,000 after buying an additional 2,810 shares during the last quarter. Rebalance LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.3% during the 2nd quarter. Rebalance LLC now owns 881,716 shares of the company’s stock valued at $70,476,000 after buying an additional 36,465 shares during the last quarter. Websterrogers Financial Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.2% during the second quarter. Websterrogers Financial Advisors LLC now owns 45,379 shares of the company’s stock worth $3,627,000 after purchasing an additional 2,240 shares during the last quarter. Bath Savings Trust Co boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.4% during the second quarter. Bath Savings Trust Co now owns 12,334 shares of the company’s stock worth $986,000 after purchasing an additional 169 shares during the last quarter. Finally, CRA Financial Services LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 33.2% during the second quarter. CRA Financial Services LLC now owns 39,285 shares of the company’s stock worth $3,140,000 after purchasing an additional 9,792 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock traded up $0.29 during mid-day trading on Friday, hitting $81.81. 3,919,539 shares of the company’s stock were exchanged, compared to its average volume of 7,061,830. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $73.78 and a fifty-two week high of $82.53. The stock has a 50-day simple moving average of $80.63 and a two-hundred day simple moving average of $79.99.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a dividend of $0.3011 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Thursday, August 1st. This represents a $3.61 annualized dividend and a dividend yield of 4.42%.

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.