Dearborn Partners LLC Has $1.86 Million Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Dearborn Partners LLC lowered its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in VCIT. Mesirow Financial Investment Management Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 111.0% in the third quarter. Mesirow Financial Investment Management Inc. now owns 11,900 shares of the company’s stock valued at $997,000 after buying an additional 6,259 shares during the period. Sigma Planning Corp increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 13.6% during the 3rd quarter. Sigma Planning Corp now owns 50,696 shares of the company’s stock valued at $4,246,000 after purchasing an additional 6,085 shares during the period. Ashton Thomas Securities LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.0% during the 3rd quarter. Ashton Thomas Securities LLC now owns 89,727 shares of the company’s stock valued at $7,515,000 after purchasing an additional 3,482 shares during the period. Marshall Financial Group Inc. ADV increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 68.6% during the 3rd quarter. Marshall Financial Group Inc. ADV now owns 33,009 shares of the company’s stock valued at $2,765,000 after purchasing an additional 13,436 shares during the period. Finally, GDS Wealth Management increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 24.4% during the 3rd quarter. GDS Wealth Management now owns 417,977 shares of the company’s stock valued at $35,006,000 after purchasing an additional 82,100 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $81.58 on Tuesday. The company has a 50 day simple moving average of $80.70 and a two-hundred day simple moving average of $81.65. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week 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. 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.