M Holdings Securities Inc. Has $16.75 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

M Holdings Securities Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 199,998 shares of the company’s stock after buying an additional 16,575 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 4.2% of M Holdings Securities Inc.’s investment portfolio, making the stock its 4th biggest position. M Holdings Securities Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $16,750,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VCIT. Insight Advisors LLC PA bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $228,000. Vanguard Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the 1st quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after buying an additional 286,685 shares during the period. Bank of New York Mellon Corp increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock valued at $136,296,000 after buying an additional 75,446 shares in the last quarter. First Pacific Financial raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the 2nd quarter. First Pacific Financial now owns 275,356 shares of the company’s stock worth $22,009,000 after buying an additional 15,950 shares during the period. Finally, Brookstone Capital Management lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% during the second quarter. Brookstone Capital Management now owns 24,812 shares of the company’s stock worth $2,015,000 after acquiring an additional 1,770 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.02 on Friday. The business has a 50-day moving average of $82.29 and a two-hundred day moving average of $81.46. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.60 and a 1 year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.3166 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.80 annualized dividend and a yield of 4.69%. The ex-dividend date of this dividend was Friday, November 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.