Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Shares Bought by Sandy Spring Bank

Sandy Spring Bank grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 38.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 47,906 shares of the company’s stock after buying an additional 13,331 shares during the period. Sandy Spring Bank’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,845,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Providence Capital Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at $25,000. Truvestments Capital LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% during the 4th quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock worth $27,000 after acquiring an additional 198 shares during the period. Tortoise Investment Management LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth about $28,000. Midwest Capital Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $33,000. Finally, Nvwm LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after purchasing an additional 149 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $81.67 on Friday. The business has a 50-day moving average price of $80.89 and a 200-day moving average price of $81.58. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

Vanguard Intermediate-Term Corporate Bond ETF Company 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.