Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Position Raised by Meridian Management Co.

Meridian Management Co. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 342,910 shares of the company’s stock after purchasing an additional 18,331 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 7.7% of Meridian Management Co.’s holdings, making the stock its 3rd largest holding. Meridian Management Co.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $28,842,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Caldwell Trust Co acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $25,000. Aspect Partners LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth $28,000. Chapman Financial Group LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth about $31,000. NewSquare Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth about $33,000. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

Shares of VCIT stock opened at $83.96 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84. The company’s 50-day simple moving average is $83.93 and its 200-day simple moving average is $83.73.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be given a $0.33 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.7%.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.