Dearborn Partners LLC Sells 321 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Dearborn Partners LLC trimmed its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 23,149 shares of the company’s stock after selling 321 shares during the quarter. Dearborn Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,858,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VCIT. Providence Capital Advisors LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $25,000. Tortoise Investment Management LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $28,000. Midwest Capital Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $33,000. Nvwm LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after purchasing an additional 149 shares during the period. Finally, Sound Income Strategies LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 50.7% in the 4th quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock worth $43,000 after purchasing an additional 179 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.58 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.26. The business has a 50 day moving average price of $80.70 and a 200-day moving average price of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

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.