Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stake Increased by Fortune 45 LLC

Fortune 45 LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 196,617 shares of the company’s stock after buying an additional 7,740 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 6.3% of Fortune 45 LLC’s portfolio, making the stock its 4th largest holding. Fortune 45 LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,397,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VCIT. Bank of America Corp DE increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 39.6% in 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. Corient Private Wealth LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 438.6% during the 4th quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after acquiring an additional 8,390,355 shares during the period. Baird Financial Group Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.4% during the 2nd 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 boosted its stake in shares of 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 worth $559,560,000 after acquiring an additional 1,251,320 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,728,521 shares of the company’s stock worth $391,285,000 after acquiring an additional 483,764 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $78.53 on Thursday. The stock’s 50 day simple moving average is $79.96 and its 200 day simple moving average is $81.51. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.61 and a 1-year high of $84.84.

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.