Meridian Wealth Management LLC Purchases 2,889 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Meridian Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 81,402 shares of the company’s stock after acquiring an additional 2,889 shares during the quarter. Meridian Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $6,534,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VCIT. Sage Rhino Capital LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 43.6% during the fourth quarter. Sage Rhino Capital LLC now owns 90,497 shares of the company’s stock worth $7,264,000 after buying an additional 27,490 shares in the last quarter. Mission Wealth Management LP raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 19.6% in the 4th quarter. Mission Wealth Management LP now owns 12,016 shares of the company’s stock valued at $965,000 after acquiring an additional 1,967 shares in the last quarter. Planning Directions Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 59.6% during the 4th quarter. Planning Directions Inc. now owns 5,047 shares of the company’s stock valued at $405,000 after acquiring an additional 1,885 shares during the period. Cascade Wealth Advisors Inc grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 41.0% during the 4th quarter. Cascade Wealth Advisors Inc now owns 79,562 shares of the company’s stock worth $6,386,000 after purchasing an additional 23,117 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $320,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.4 %

VCIT stock opened at $82.04 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25. The business has a 50-day simple moving average of $80.54 and a 200 day simple moving average of $81.70.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.3129 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31.

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.