Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Sold by Wedbush Securities Inc.

Wedbush Securities Inc. decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 74.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,679 shares of the company’s stock after selling 28,500 shares during the quarter. Wedbush Securities Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $758,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Prudent Investor Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at approximately $1,469,000. BRIA Capital Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $1,313,000. Christensen King & Associates Investment Services Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 23.8% during the third quarter. Christensen King & Associates Investment Services Inc. now owns 23,902 shares of the company’s stock worth $1,872,000 after buying an additional 4,589 shares in the last quarter. Seven Mile Advisory raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.8% in the 3rd quarter. Seven Mile Advisory now owns 44,727 shares of the company’s stock valued at $3,503,000 after buying an additional 1,204 shares during the last quarter. Finally, BIP Wealth LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the 3rd quarter. BIP Wealth LLC now owns 485,758 shares of the company’s stock valued at $38,040,000 after buying an additional 16,895 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $79.32 on Tuesday. The stock’s fifty day simple moving average is $79.65 and its two-hundred day simple moving average is $82.03. 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.