Sequoia Financial Advisors LLC Reduces Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sequoia Financial Advisors LLC trimmed its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 161,962 shares of the company’s stock after selling 20,376 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $13,386,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in VCIT. Tidal Investments LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 12.4% during the second quarter. Tidal Investments LLC now owns 461,483 shares of the company’s stock valued at $37,843,000 after purchasing an additional 51,035 shares during the last quarter. MCF Advisors LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 132.7% in the second quarter. MCF Advisors LLC now owns 1,466 shares of the company’s stock worth $121,000 after purchasing an additional 836 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at approximately $50,003,000. Engineers Gate Manager LP purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at approximately $1,273,000. Finally, Capital Analysts LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 9.1% in the 2nd quarter. Capital Analysts LLC now owns 136,666 shares of the company’s stock valued at $11,295,000 after buying an additional 11,430 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $79.70 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $79.68 and a 1 year high of $84.84. The stock’s fifty day moving average price is $81.28 and its two-hundred day moving average price is $82.28.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.