Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Get Free Report)’s share price passed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $79.45 and traded as low as $79.23. Vanguard Intermediate-Term Corporate Bond ETF shares last traded at $79.24, with a volume of 22,042,716 shares trading hands.
Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.6%
The company has a fifty day moving average of $79.45 and a 200-day moving average of $81.90.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Bank of America Corp DE raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 39.6% during 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 in the last quarter. Baird Financial Group Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.4% in the second quarter. Baird Financial Group Inc. now owns 7,359,239 shares of the company’s stock valued at $608,241,000 after acquiring an additional 690,902 shares during the period. Wealthfront Advisers LLC grew its position in 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. PNC Financial Services Group Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 11.4% during the first quarter. PNC Financial Services Group Inc. now owns 4,728,521 shares of the company’s stock worth $391,285,000 after buying an additional 483,764 shares in the last quarter. Finally, Symetra Investment Management Co bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at approximately $259,274,000.
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.
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