Gladstone Institutional Advisory LLC Increases Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Gladstone Institutional Advisory LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 21,875 shares of the company’s stock after acquiring an additional 651 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,755,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in VCIT. Fortis Advisors LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $28,000. Nvwm LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $28,000. Northern Trust Corp raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 35.6% during the first quarter. Northern Trust Corp now owns 34,007 shares of the company’s stock worth $29,000 after acquiring an additional 8,935 shares during the period. Glassman Wealth Services acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $32,000. Finally, Horizon Bancorp Inc. IN acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT opened at $77.39 on Monday. The company has a fifty day moving average of $78.12 and a two-hundred day moving average of $79.03. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $73.37 and a fifty-two week high of $81.66.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 7th. Stockholders of record on Tuesday, September 5th were given a $0.2582 dividend. The ex-dividend date of this dividend was Friday, September 1st.

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.