Vanguard Intermediate-Term Corporate Bond ETF Sees Unusually High Options Volume (NASDAQ:VCIT)

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the recipient of some unusual options trading activity on Monday. Investors acquired 30,001 call options on the company. This is an increase of 4,223% compared to the typical daily volume of 694 call options.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock traded up $0.12 on Monday, hitting $79.72. The company had a trading volume of 5,817,346 shares, compared to its average volume of 10,808,258. The company has a 50-day moving average price of $81.23 and a 200-day moving average price of $82.25. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $79.44 and a twelve month high of $84.84.

Hedge Funds Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in shares of 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 worth $9,802,945,000 after purchasing an additional 33,615,148 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after buying an additional 3,339,026 shares in the last quarter. Creative Planning raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after buying an additional 927,083 shares during the last quarter. Morgan Stanley raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after buying an additional 4,399,400 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock worth $912,498,000 after buying an additional 604,588 shares in the last quarter.

About Vanguard Intermediate-Term Corporate Bond ETF

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.