Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Purchased by Davidson Capital Management Inc.

Davidson Capital Management Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,326,447 shares of the company’s stock after buying an additional 13,130 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 17.4% of Davidson Capital Management Inc.’s investment portfolio, making the stock its biggest position. Davidson Capital Management Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $103,874,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of 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 worth $9,802,945,000 after acquiring an additional 33,615,148 shares during the period. Corient Private Wealth LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% during the fourth 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 last quarter. Baird Financial Group Inc. lifted its holdings in 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 acquiring an additional 690,902 shares during the period. Wealthfront Advisers LLC lifted its holdings in 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 valued at $559,560,000 after acquiring an additional 1,251,320 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 11.4% in the first quarter. PNC Financial Services Group Inc. now owns 4,728,521 shares of the company’s stock worth $391,285,000 after purchasing an additional 483,764 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT opened at $79.00 on Friday. The stock’s 50-day simple moving average is $79.91 and its two-hundred day simple moving average is $81.49. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.61 and a 52-week 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.