Howe & Rusling Inc. Has $37.44 Million Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Howe & Rusling Inc. lowered its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 15.5% during the second quarter, HoldingsChannel.com reports. The fund owned 451,523 shares of the company’s stock after selling 83,073 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 2.8% of Howe & Rusling Inc.’s holdings, making the stock its 7th biggest position. Howe & Rusling Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $37,440,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VCIT. Grandview Asset Management LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.1% in the second quarter. Grandview Asset Management LLC now owns 13,352 shares of the company’s stock worth $1,107,000 after purchasing an additional 643 shares during the period. Sage Rhino Capital LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 2nd quarter. Sage Rhino Capital LLC now owns 89,152 shares of the company’s stock worth $7,392,000 after purchasing an additional 494 shares in the last quarter. HB Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $479,000. CWA Asset Management Group LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 16.4% in the 2nd quarter. CWA Asset Management Group LLC now owns 376,436 shares of the company’s stock valued at $31,214,000 after buying an additional 53,098 shares in the last quarter. Finally, Flow Traders U.S. LLC increased its position in 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 valued at $12,112,000 after buying an additional 119,809 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.63 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The stock has a 50 day moving average price of $84.13 and a two-hundred day moving average price of $82.91.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.326 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.7%.

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.