Meridian Wealth Management LLC Boosts Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Meridian Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 25.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,781 shares of the company’s stock after acquiring an additional 366 shares during the quarter. Meridian Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $160,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VCIT. Ellis Investment Partners LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth approximately $27,000. Carroll Financial Associates Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 93.9% during the first quarter. Carroll Financial Associates Inc. now owns 351 shares of the company’s stock worth $30,000 after acquiring an additional 170 shares in the last quarter. AdvisorNet Financial Inc raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 49.0% during the second quarter. AdvisorNet Financial Inc now owns 456 shares of the company’s stock worth $41,000 after acquiring an additional 150 shares in the last quarter. Gemmer Asset Management LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth approximately $42,000. Finally, Truvestments Capital LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth approximately $48,000.

Shares of VCIT stock traded up $0.01 during trading hours on Wednesday, hitting $89.91. 68,822 shares of the company’s stock were exchanged, compared to its average volume of 1,935,229. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.95 and a 12-month high of $90.00. The stock has a 50 day simple moving average of $89.41.

The firm also recently declared a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Tuesday, July 2nd were paid a dividend of $0.261 per share. This represents a $3.13 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend was Monday, July 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.

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

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