Coordinated Financial Services Inc. Makes New $1.28 Million Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Coordinated Financial Services Inc. acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,921 shares of the company’s stock, valued at approximately $1,278,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 1.0% of Coordinated Financial Services Inc.’s investment portfolio, making the stock its 27th biggest holding.

Several other institutional investors and hedge funds have also recently made changes to their positions in VCIT. Marshall Financial Group Inc. ADV raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.5% during the 4th quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock valued at $2,821,000 after purchasing an additional 2,139 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after acquiring an additional 139 shares in the last quarter. Haverford Trust Co purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth $380,000. Brookstone Capital Management boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 39.8% in the fourth quarter. Brookstone Capital Management now owns 43,401 shares of the company’s stock valued at $3,484,000 after acquiring an additional 12,357 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 111.0% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 11,900 shares of the company’s stock valued at $997,000 after purchasing an additional 6,259 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT opened at $81.33 on Friday. The firm has a fifty day simple moving average of $80.67 and a two-hundred day simple moving average of $81.67. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2865 dividend. The ex-dividend date 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.