Stone Summit Wealth LLC Buys 14,223 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Stone Summit Wealth LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 14.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 114,312 shares of the company’s stock after acquiring an additional 14,223 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises 2.4% of Stone Summit Wealth LLC’s investment portfolio, making the stock its 11th largest position. Stone Summit Wealth LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $8,952,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have 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% during the 1st quarter. Bank of America Corp DE now owns 118,464,592 shares of the company’s stock worth $9,802,945,000 after purchasing an additional 33,615,148 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in 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 in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.4% in the second quarter. Baird Financial Group Inc. now owns 7,359,239 shares of the company’s stock valued at $608,241,000 after purchasing an additional 690,902 shares in the last quarter. Wealthfront Advisers LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.7% during the first quarter. Wealthfront Advisers LLC now owns 6,762,049 shares of the company’s stock worth $559,560,000 after buying an additional 1,251,320 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.4% during the first quarter. PNC Financial Services Group Inc. now owns 4,728,521 shares of the company’s stock worth $391,285,000 after buying an additional 483,764 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.0%

NASDAQ:VCIT opened at $78.48 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.61 and a 52-week high of $84.84. The stock has a 50-day simple moving average of $80.01 and a 200 day simple moving average of $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.