M Holdings Securities Inc. Grows Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

M Holdings Securities Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 236,466 shares of the company’s stock after buying an additional 17,349 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 3.4% of M Holdings Securities Inc.’s portfolio, making the stock its 4th biggest position. M Holdings Securities Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $19,605,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VCIT. Great Diamond Partners LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth $686,000. Baird Financial Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 18.2% in the second quarter. Baird Financial Group Inc. now owns 3,869,651 shares of the company’s stock worth $320,872,000 after purchasing an additional 594,990 shares during the last quarter. Trek Financial LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 68.1% during the 2nd quarter. Trek Financial LLC now owns 135,501 shares of the company’s stock valued at $11,236,000 after buying an additional 54,912 shares in the last quarter. 1832 Asset Management L.P. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 3.2% during the 2nd quarter. 1832 Asset Management L.P. now owns 757,648 shares of the company’s stock valued at $62,824,000 after buying an additional 23,750 shares in the last quarter. Finally, CW Advisors LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 13.8% in the 2nd quarter. CW Advisors LLC now owns 236,027 shares of the company’s stock valued at $19,572,000 after buying an additional 28,556 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $84.02 on Friday. The company’s 50-day simple moving average is $84.12 and its two-hundred day simple moving average is $83.15. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a dividend of $0.3223 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.