19,072 Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 323,460 shares of the company’s stock after purchasing an additional 19,072 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 3.2% of Global Wealth Management Investment Advisory Inc.’s holdings, making the stock its 3rd largest position. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $25,330,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in shares of 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 buying an additional 33,615,148 shares during the period. Symetra Investment Management Co purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at $259,274,000. First Interstate Bank purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $168,766,000. Allspring Global Investments Holdings LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 147.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,710,658 shares of the company’s stock worth $224,226,000 after acquiring an additional 1,615,135 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.7% in the first quarter. Wealthfront Advisers LLC now owns 6,762,049 shares of the company’s stock worth $559,560,000 after acquiring an additional 1,251,320 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ:VCIT opened at $79.82 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.61 and a 1 year high of $84.84. The business has a fifty day simple moving average of $79.28 and a 200 day simple moving average of $81.79.

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.