Wedmont Private Capital Increases Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Wedmont Private Capital lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 343.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 318,057 shares of the company’s stock after buying an additional 246,308 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 0.6% of Wedmont Private Capital’s portfolio, making the stock its 28th largest position. Wedmont Private Capital’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $24,961,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in VCIT. NBH Bank acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $28,000. HHM Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth about $29,000. Monetary Solutions Ltd acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $30,000. Go Invest LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at about $32,000. Finally, Bayban bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at about $36,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock traded down $0.12 during mid-day trading on Friday, hitting $78.36. 4,136,161 shares of the company were exchanged, compared to its average volume of 11,075,622. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.61 and a 1-year high of $84.84. The firm’s 50 day simple moving average is $80.18 and its 200 day simple moving average is $81.62.

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.