Meridian Wealth Management LLC Has $6.48 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Meridian Wealth Management LLC lessened its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 78,200 shares of the company’s stock after selling 4,589 shares during the period. Meridian Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,484,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in VCIT. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.4% during the first quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock worth $4,244,058,000 after purchasing an additional 1,718,299 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% during the 1st quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock valued at $821,046,000 after buying an additional 987,197 shares during the period. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 69.4% during the 2nd quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock valued at $403,964,000 after buying an additional 1,995,404 shares during the period. Nepc LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.9% during the 1st quarter. Nepc LLC now owns 4,299,709 shares of the company’s stock valued at $351,544,000 after acquiring an additional 490,792 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 5.8% in the first quarter. Raymond James Financial Inc. now owns 4,261,894 shares of the company’s stock valued at $348,452,000 after purchasing an additional 233,367 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2%

VCIT opened at $83.56 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.84. The business has a 50-day moving average of $84.17 and a 200-day moving average of $82.86.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a dividend of $0.326 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.