92,946 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 92,946 shares of the company’s stock, valued at approximately $7,279,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VCIT. Bank of America Corp DE boosted 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 valued at $9,802,945,000 after buying an additional 33,615,148 shares during the period. Baird Financial Group Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.4% during the second 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 last quarter. Wealthfront Advisers LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.7% during the first quarter. Wealthfront Advisers LLC now owns 6,762,049 shares of the company’s stock valued at $559,560,000 after buying an additional 1,251,320 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.4% in 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 during the period. Finally, Symetra Investment Management Co purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth approximately $259,274,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $79.34 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.61 and a 52-week high of $84.84. The stock has a 50 day moving average price of $79.55 and a 200 day moving average price of $81.96.

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.