M Holdings Securities Inc. Decreases Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

M Holdings Securities Inc. trimmed its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 91.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,612 shares of the company’s stock after selling 183,386 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 0.9% of M Holdings Securities Inc.’s portfolio, making the stock its 15th largest position. M Holdings Securities Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,333,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Fisher Asset Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.8% during the fourth quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock worth $7,447,768,000 after acquiring an additional 4,289,340 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock worth $3,952,729,000 after purchasing an additional 1,165,222 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth approximately $323,370,000. PNC Financial Services Group Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,817,496 shares of the company’s stock worth $306,430,000 after purchasing an additional 170,893 shares during the last quarter. Finally, Life Planning Partners Inc increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% during the 4th quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock valued at $185,270,000 after purchasing an additional 2,278,614 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.0 %

NASDAQ:VCIT opened at $81.64 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.26. The firm has a fifty day simple moving average of $80.93 and a 200-day simple moving average of $81.56.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.2865 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.