MMA Asset Management LLC Has $4.64 Million Stock Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

MMA Asset Management LLC lowered its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 15.7% in the third quarter, Holdings Channel reports. The firm owned 55,170 shares of the company’s stock after selling 10,263 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.5% of MMA Asset Management LLC’s investment portfolio, making the stock its 11th biggest holding. MMA Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $4,640,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Fisher Asset Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.0% in the 2nd quarter. Fisher Asset Management LLC now owns 102,253,864 shares of the company’s stock valued at $8,478,891,000 after buying an additional 4,850,259 shares in the last quarter. Bank of America Corp DE grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the second quarter. Bank of America Corp DE now owns 76,387,371 shares of the company’s stock valued at $6,334,041,000 after acquiring an additional 698,576 shares during the period. JPMorgan Chase & Co. grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the second quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after acquiring an additional 3,404,271 shares during the period. Creative Planning increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.0% in the second quarter. Creative Planning now owns 25,511,256 shares of the company’s stock worth $2,115,393,000 after acquiring an additional 505,937 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.8% during the third quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock worth $872,431,000 after purchasing an additional 286,124 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0%

NASDAQ:VCIT opened at $83.87 on Friday. The business’s 50-day simple moving average is $83.85 and its 200-day simple moving average is $83.79. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.33 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, February 2nd.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.