West Financial Advisors LLC Sells 269,320 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

West Financial Advisors LLC trimmed its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 98.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,392 shares of the company’s stock after selling 269,320 shares during the quarter. West Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $344,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Farmers & Merchants Investments Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $48,000. Capital Investment Advisors LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $1,795,000. Prudent Investor Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $1,469,000. BRIA Capital Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth about $1,313,000. Finally, Christensen King & Associates Investment Services Inc. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 23.8% in the third quarter. Christensen King & Associates Investment Services Inc. now owns 23,902 shares of the company’s stock valued at $1,872,000 after acquiring an additional 4,589 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock traded down $0.22 during midday trading on Friday, reaching $79.25. The company had a trading volume of 10,790,939 shares, compared to its average volume of 11,039,293. The stock has a 50 day moving average price of $79.64 and a 200 day moving average price of $81.35. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.61 and a fifty-two week high of $84.84.

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.