Concorde Asset Management LLC Has $311,000 Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Concorde Asset Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 17.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,895 shares of the company’s stock after purchasing an additional 580 shares during the quarter. Concorde Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $311,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VCIT. Glass Jacobson Investment Advisors llc boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 16,938 shares of the company’s stock worth $1,354,000 after buying an additional 812 shares during the last quarter. Chandler Asset Management Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.3% in the second quarter. Chandler Asset Management Inc. now owns 12,175 shares of the company’s stock valued at $973,000 after purchasing an additional 275 shares in the last quarter. Blair William & Co. IL increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 128.3% during the 2nd quarter. Blair William & Co. IL now owns 60,904 shares of the company’s stock worth $4,868,000 after purchasing an additional 34,225 shares during the last quarter. DecisionPoint Financial LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the 2nd quarter. DecisionPoint Financial LLC now owns 434,913 shares of the company’s stock worth $35,528,000 after purchasing an additional 17,157 shares in the last quarter. Finally, Firestone Capital Management raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.3% during the 2nd quarter. Firestone Capital Management now owns 11,078 shares of the company’s stock worth $885,000 after purchasing an additional 254 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $83.81 on Thursday. The firm has a fifty day simple moving average of $82.27 and a 200 day simple moving average of $80.57. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.301 dividend. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 3rd.

Vanguard Intermediate-Term Corporate Bond ETF 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.