Smithbridge Asset Management Inc. DE Sells 27,544 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Smithbridge Asset Management Inc. DE trimmed its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 64.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,504 shares of the company’s stock after selling 27,544 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. BetterWealth LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 9.7% in the first quarter. BetterWealth LLC now owns 59,868 shares of the company’s stock valued at $4,954,000 after acquiring an additional 5,269 shares during the last quarter. Capital Asset Advisory Services LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the 1st quarter. Capital Asset Advisory Services LLC now owns 10,571 shares of the company’s stock worth $883,000 after purchasing an additional 444 shares during the last quarter. Palouse Capital Management Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 13.6% during the 1st quarter. Palouse Capital Management Inc. now owns 7,049 shares of the company’s stock worth $583,000 after purchasing an additional 846 shares during the last quarter. Newton One Investments LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.9% in the 1st quarter. Newton One Investments LLC now owns 464,730 shares of the company’s stock worth $38,456,000 after purchasing an additional 13,102 shares during the period. Finally, Verus Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 1st quarter. Verus Wealth Management LLC now owns 105,583 shares of the company’s stock valued at $8,737,000 after purchasing an additional 6,571 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.6%

NASDAQ:VCIT opened at $82.19 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $81.43 and a 52 week high of $84.84. The firm’s fifty day moving average is $82.52 and its 200-day moving average is $83.22.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.3319 per share. The ex-dividend date is Wednesday, July 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. 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.