M Holdings Securities Inc. Has $19.61 Million Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

M Holdings Securities Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 236,466 shares of the company’s stock after purchasing an additional 17,349 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 3.4% of M Holdings Securities Inc.’s investment portfolio, making the stock its 4th largest position. M Holdings Securities Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $19,605,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of VCIT. Mattson Financial Services LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth about $28,000. Aspect Partners LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $28,000. Anfield Capital Management LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth approximately $29,000. NewSquare Capital LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth approximately $33,000. Finally, ORG Partners LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 360.0% during the second quarter. ORG Partners LLC now owns 414 shares of the company’s stock valued at $34,000 after purchasing an additional 324 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.2%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $84.02 on Friday. The stock has a 50 day moving average price of $84.12 and a 200-day moving average price of $83.15. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year 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, December 3rd. Shareholders of record on Monday, December 1st were paid a dividend of $0.3223 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, December 1st.

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.