Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock: Benchmark Financial LLC Raises Position

Benchmark Financial LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 196,064 shares of the company’s stock after acquiring an additional 16,638 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 11.9% of Benchmark Financial LLC’s portfolio, making the stock its 2nd biggest holding. Benchmark Financial LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,354,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VCIT. Bank of America Corp DE lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 39.6% in the 1st quarter. Bank of America Corp DE now owns 118,464,592 shares of the company’s stock valued at $9,802,945,000 after purchasing an additional 33,615,148 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the 4th quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after purchasing an additional 8,390,355 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,359,239 shares of the company’s stock valued at $608,241,000 after buying an additional 690,902 shares during the period. Wealthfront Advisers LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 22.7% in the first quarter. Wealthfront Advisers LLC now owns 6,762,049 shares of the company’s stock valued at $559,560,000 after purchasing an additional 1,251,320 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 11.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,728,521 shares of the company’s stock valued at $391,285,000 after buying an additional 483,764 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.6%

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $79.00 on Friday. The firm has a 50 day moving average price of $79.91 and a 200 day moving average price of $81.49. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.61 and a fifty-two week high of $84.84.

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.