Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) is Marion Wealth Management’s Largest Position

Marion Wealth Management increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 363,516 shares of the company’s stock after purchasing an additional 12,157 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 7.7% of Marion Wealth Management’s holdings, making the stock its biggest position. Marion Wealth Management owned approximately 0.06% of Vanguard Intermediate-Term Corporate Bond ETF worth $29,179,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Friedenthal Financial boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.8% in the fourth quarter. Friedenthal Financial now owns 22,861 shares of the company’s stock valued at $1,835,000 after acquiring an additional 620 shares during the last quarter. Kades & Cheifetz LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16.0% during the 4th quarter. Kades & Cheifetz LLC now owns 14,751 shares of the company’s stock worth $1,184,000 after acquiring an additional 2,035 shares during the period. Agate Pass Investment Management LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.3% in the 4th quarter. Agate Pass Investment Management LLC now owns 18,649 shares of the company’s stock worth $1,497,000 after acquiring an additional 936 shares during the last quarter. Envision Financial LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at about $3,407,000. Finally, Parkside Advisors LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.1% during the fourth quarter. Parkside Advisors LLC now owns 75,667 shares of the company’s stock worth $6,074,000 after purchasing an additional 1,569 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3 %

Shares of NASDAQ:VCIT traded down $0.22 during trading on Monday, hitting $79.17. 6,409,147 shares of the company were exchanged, compared to its average volume of 6,482,705. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.25. The stock has a 50 day moving average of $81.02 and a 200 day moving average of $81.77.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.3119 per share. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.