M Holdings Securities Inc. Has $1.57 Million Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

M Holdings Securities Inc. lowered its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 92.1% in the third quarter, HoldingsChannel.com reports. The firm owned 18,663 shares of the company’s stock after selling 217,803 shares during the quarter. M Holdings Securities Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,570,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.0% during the 2nd quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock worth $8,478,891,000 after buying an additional 4,850,259 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after buying an additional 3,404,271 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.8% in the 2nd quarter. Corient Private Wealth LLC now owns 3,915,948 shares of the company’s stock valued at $324,711,000 after buying an additional 1,895,302 shares during the period. National Bank of Canada FI raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,249.1% during the second quarter. National Bank of Canada FI now owns 865,566 shares of the company’s stock worth $71,772,000 after acquiring an additional 801,407 shares during the last quarter. Finally, Brevan Howard Capital Management LP bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $62,044,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.3%

Shares of VCIT opened at $82.46 on Friday. The stock’s fifty day simple moving average is $83.96 and its 200-day simple moving average is $83.99. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.3026 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd.

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. 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.