Sheets Smith Wealth Management Sells 427 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Sheets Smith Wealth Management trimmed its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,239 shares of the company’s stock after selling 427 shares during the period. Sheets Smith Wealth Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,246,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VCIT. Stokes Family Office LLC boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 37.1% in the 4th quarter. Stokes Family Office LLC now owns 24,052 shares of the company’s stock worth $1,955,000 after acquiring an additional 6,506 shares in the last quarter. Divergent Planning LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.3% in the 4th quarter. Divergent Planning LLC now owns 238,968 shares of the company’s stock valued at $19,323,000 after acquiring an additional 7,577 shares in the last quarter. Redmont Wealth Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 24.1% in the fourth quarter. Redmont Wealth Advisors LLC now owns 27,618 shares of the company’s stock worth $2,245,000 after acquiring an additional 5,368 shares during the last quarter. Evergreen Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.2% during the third quarter. Evergreen Advisors LLC now owns 420,429 shares of the company’s stock valued at $31,944,000 after purchasing an additional 8,866 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $316,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT traded up $0.46 during trading hours on Friday, reaching $79.26. 6,946,854 shares of the stock were exchanged, compared to its average volume of 8,051,373. The stock’s fifty day simple moving average is $79.46 and its 200 day simple moving average is $79.14. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $73.78 and a 52 week high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be given a dividend of $0.2919 per share. The ex-dividend date of this dividend is Wednesday, May 1st.

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.