Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock: Essex LLC Cuts Position

Essex LLC trimmed its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 321,953 shares of the company’s stock after selling 31,326 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for 3.6% of Essex LLC’s portfolio, making the stock its 7th biggest holding. Essex LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $25,212,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 39.6% during 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 during the last quarter. Corient Private Wealth LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% during the fourth 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 period. Baird Financial Group Inc. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.4% in the 2nd quarter. Baird Financial Group Inc. now owns 7,359,239 shares of the company’s stock worth $608,241,000 after purchasing an additional 690,902 shares during the period. Wealthfront Advisers LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 22.7% during the 1st 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. Finally, PNC Financial Services Group Inc. boosted its position in 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 purchasing an additional 483,764 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT traded up $0.05 during trading hours on Wednesday, hitting $78.53. 13,244,871 shares of the company’s stock traded hands, compared to its average volume of 11,082,745. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.61 and a 52 week high of $84.84. The business’s fifty day moving average price is $80.01 and its two-hundred day moving average price is $81.53.

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.