Sheets Smith Wealth Management Cuts Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sheets Smith Wealth Management trimmed its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 19.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,751 shares of the company’s stock after selling 8,173 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,882,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 196.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 25,337 shares of the company’s stock worth $2,072,000 after purchasing an additional 16,776 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 36.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 310,258 shares of the company’s stock worth $25,367,000 after purchasing an additional 83,149 shares during the period. Fifth Third Bancorp raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 123.7% in the 1st quarter. Fifth Third Bancorp now owns 4,442 shares of the company’s stock worth $363,000 after purchasing an additional 2,456 shares during the period. Flow Traders U.S. LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 422.9% in the 1st quarter. Flow Traders U.S. LLC now owns 148,136 shares of the company’s stock worth $12,112,000 after purchasing an additional 119,809 shares during the period. Finally, Hayek Kallen Investment Management purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth about $349,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $84.29 on Wednesday. The stock’s 50-day moving average is $83.30 and its 200-day moving average is $82.04. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.74.

Vanguard Intermediate-Term Corporate Bond ETF Profile

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.