Hilton Capital Management LLC Reduces Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Hilton Capital Management LLC reduced its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 23.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 369,616 shares of the company’s stock after selling 113,004 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 2.6% of Hilton Capital Management LLC’s investment portfolio, making the stock its 11th biggest position. Hilton Capital Management LLC owned about 0.06% of Vanguard Intermediate-Term Corporate Bond ETF worth $29,669,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Trustmark National Bank Trust Department lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the 3rd quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock valued at $1,198,000 after buying an additional 134 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock valued at $596,000 after buying an additional 138 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after buying an additional 139 shares in the last quarter. Capital Investment Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the 4th quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock valued at $265,000 after buying an additional 144 shares in the last quarter. Finally, Stablepoint Partners LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the 4th quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after buying an additional 144 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.3 %

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.16 on Friday. The firm’s 50 day simple moving average is $80.74 and its 200 day simple moving average is $81.63. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.2865 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.