MMA Asset Management LLC Trims Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

MMA Asset Management LLC decreased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 36.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,433 shares of the company’s stock after selling 37,669 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 2.1% of MMA Asset Management LLC’s portfolio, making the stock its 7th biggest holding. MMA Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,426,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.4% in the 1st quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock worth $4,244,058,000 after acquiring an additional 1,718,299 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 10.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock worth $941,576,000 after acquiring an additional 1,110,990 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 10.9% in the 1st quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock worth $821,046,000 after acquiring an additional 987,197 shares during the last quarter. Wealthfront Advisers LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the 2nd quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock worth $403,964,000 after acquiring an additional 1,995,404 shares during the last quarter. Finally, Nepc LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 12.9% in the 1st quarter. Nepc LLC now owns 4,299,709 shares of the company’s stock worth $351,544,000 after acquiring an additional 490,792 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1%

NASDAQ:VCIT opened at $84.05 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $78.66 and a 1 year high of $84.84. The stock’s 50 day simple moving average is $84.10 and its two-hundred day simple moving average is $82.68.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a $0.326 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis 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.