Sandy Spring Bank Grows Stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Sandy Spring Bank grew its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 38.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,906 shares of the company’s stock after buying an additional 13,331 shares during the quarter. Sandy Spring Bank’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,845,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VCIT. Providence Capital Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at approximately $25,000. Truvestments Capital LLC boosted 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 valued at $27,000 after acquiring an additional 198 shares in the last quarter. Tortoise Investment Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $28,000. Midwest Capital Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth $33,000. Finally, Nvwm LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after purchasing an additional 149 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.0 %

Shares of VCIT stock opened at $81.67 on Friday. The stock’s 50-day moving average is $80.89 and its 200 day moving average is $81.58. 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 disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.2865 dividend. The ex-dividend date 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.