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

Marion Wealth Management raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.5% during the fourth quarter, HoldingsChannel reports. The firm owned 363,516 shares of the company’s stock after purchasing an additional 12,157 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 7.7% of Marion Wealth Management’s holdings, making the stock its biggest holding. Marion Wealth Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $29,179,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of VCIT. International Assets Investment Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% in the 3rd quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock worth $199,560,000 after purchasing an additional 2,368,191 shares during the period. Public Sector Pension Investment Board bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth about $127,888,000. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock worth $3,952,729,000 after buying an additional 1,165,222 shares during the last quarter. Bank of Montreal Can raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 121.4% in the second quarter. Bank of Montreal Can now owns 1,268,991 shares of the company’s stock worth $102,040,000 after acquiring an additional 695,871 shares during the period. Finally, Benjamin Edwards Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1,284.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 677,989 shares of the company’s stock worth $56,782,000 after acquiring an additional 629,019 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCIT traded down $0.22 during mid-day trading on Monday, reaching $79.17. The company’s stock had a trading volume of 6,409,147 shares, 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 fifty day moving average of $81.02 and a two-hundred day moving average of $81.77.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors 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.