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

Hobbs Group Advisors LLC reduced its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,135 shares of the company’s stock after selling 134 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 0.7% of Hobbs Group Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Hobbs Group Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,937,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Truvestments Capital LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 145.6% in the fourth quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after purchasing an additional 198 shares during the period. Tortoise Investment Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $28,000. Midwest Capital Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at about $33,000. Nvwm LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after acquiring an additional 149 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 50.7% in the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after acquiring an additional 179 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $81.67 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.26. The stock has a 50-day moving average price of $81.10 and a 200 day moving average price of $81.51.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2865 per share. The ex-dividend date was Monday, March 3rd.

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.