Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 16,670,444 shares, an increase of 62.4% from the August 31st total of 10,265,181 shares. Based on an average daily trading volume, of 9,597,038 shares, the short-interest ratio is currently 1.7 days. Approximately 1.9% of the shares of the stock are short sold.
Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.2%
Shares of NASDAQ:VCIT traded down $0.12 during trading on Wednesday, reaching $78.25. The company had a trading volume of 7,504,988 shares, compared to its average volume of 11,024,785. The firm’s fifty day moving average is $80.62 and its 200 day moving average is $81.84. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.16 and a twelve month high of $84.84.
Hedge Funds Weigh In On Vanguard Intermediate-Term Corporate Bond ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in VCIT. Bank of America Corp DE lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.6% in the first quarter. Bank of America Corp DE now owns 118,464,592 shares of the company’s stock valued at $9,802,945,000 after buying an additional 33,615,148 shares during the period. Corient Private Wealth LLC lifted 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 acquiring an additional 8,390,355 shares during the last quarter. Symetra Investment Management Co bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at about $259,274,000. Allspring Global Investments Holdings LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 147.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,710,658 shares of the company’s stock worth $224,226,000 after purchasing an additional 1,615,135 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.7% in the 1st quarter. Wealthfront Advisers LLC now owns 6,762,049 shares of the company’s stock worth $559,560,000 after purchasing an additional 1,251,320 shares during the last quarter.
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. 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.
Featured Articles
- Five stocks we like better than Vanguard Intermediate-Term Corporate Bond ETF
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
- 3 Emerging Biotech Stocks With Significant Upside Potential
- Treasury Yields Haven’t Been This High Since 2007—3 ETFs to Watch
Receive News & Ratings for Vanguard Intermediate-Term Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Intermediate-Term Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
