Grove Bank & Trust Invests $148,000 in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Grove Bank & Trust purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,785 shares of the company’s stock, valued at approximately $148,000.

Several other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.4% in the 1st quarter. JPMorgan Chase & Co. now owns 51,908,033 shares of the company’s stock valued at $4,244,058,000 after purchasing an additional 1,718,299 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 11,516,340 shares of the company’s stock worth $941,576,000 after purchasing an additional 1,110,990 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% during the 1st quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock worth $821,046,000 after purchasing an additional 987,197 shares in the last quarter. Nepc LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 12.9% during the 1st quarter. Nepc LLC now owns 4,299,709 shares of the company’s stock worth $351,544,000 after purchasing an additional 490,792 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 15.7% during the 1st quarter. Baird Financial Group Inc. now owns 3,274,661 shares of the company’s stock worth $267,736,000 after buying an additional 443,417 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $84.29 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $78.66 and a twelve month high of $84.74. The business has a fifty day moving average of $83.20 and a 200-day moving average of $81.99.

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.