Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Meridian Management Co.’s 4th Largest Position

Meridian Management Co. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 285,470 shares of the company’s stock after acquiring an additional 14,799 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 6.1% of Meridian Management Co.’s holdings, making the stock its 4th largest holding. Meridian Management Co.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $23,908,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth $53,000. US Bancorp DE boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.1% during the 1st quarter. US Bancorp DE now owns 22,976 shares of the company’s stock worth $1,850,000 after purchasing an additional 2,488 shares during the last quarter. Avantax Advisory Services Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 47.2% in the first quarter. Avantax Advisory Services Inc. now owns 65,295 shares of the company’s stock valued at $5,257,000 after purchasing an additional 20,946 shares in the last quarter. Koshinski Asset Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.3% in the first quarter. Koshinski Asset Management Inc. now owns 24,732 shares of the company’s stock valued at $1,991,000 after purchasing an additional 4,513 shares during the last quarter. Finally, Pettyjohn Wood & White Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.1% in the 1st quarter. Pettyjohn Wood & White Inc. now owns 19,688 shares of the company’s stock worth $1,585,000 after acquiring an additional 2,131 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2 %

Shares of VCIT stock opened at $81.49 on Tuesday. The firm’s 50-day moving average is $82.73 and its two-hundred day moving average is $81.36. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $75.76 and a 12 month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.3166 dividend. This represents a $3.80 annualized dividend and a yield of 4.66%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Friday, November 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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.