Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Position Boosted by M Holdings Securities Inc.

M Holdings Securities Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 219,117 shares of the company’s stock after acquiring an additional 12,162 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 3.0% of M Holdings Securities Inc.’s holdings, making the stock its 4th biggest position. M Holdings Securities Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $17,915,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VCIT. Anfield Capital Management LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at $29,000. NorthRock Partners LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 54.1% during the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock worth $31,000 after buying an additional 132 shares during the last quarter. Centennial Bank AR acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth $33,000. Transce3nd LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $35,000. Finally, Noble Wealth Management PBC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth $38,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1%

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $83.06 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.25. The firm’s 50-day moving average is $82.41 and its two-hundred day moving average is $81.55.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, August 5th. Shareholders of record on Friday, August 1st were paid a dividend of $0.3408 per share. The ex-dividend date of this dividend was Friday, August 1st. This represents a c) annualized dividend and a dividend yield of 4.9%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32.

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.