Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Newly Purchased by Retirement Systems of Alabama

Retirement Systems of Alabama purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 109,595 shares of the company’s stock, valued at approximately $8,582,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 39.6% in the 1st quarter. Bank of America Corp DE now owns 118,464,592 shares of the company’s stock valued at $9,802,945,000 after purchasing an additional 33,615,148 shares in the last quarter. Baird Financial Group Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,359,239 shares of the company’s stock worth $608,241,000 after purchasing an additional 690,902 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.4% during the 1st 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 in the last quarter. Symetra Investment Management Co purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth approximately $259,274,000. Finally, Corient Private Wealth LP lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.2% in the 2nd quarter. Corient Private Wealth LP now owns 2,248,961 shares of the company’s stock valued at $185,877,000 after buying an additional 262,429 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2%

Shares of VCIT traded down $0.13 during mid-day trading on Friday, hitting $78.63. The company’s stock had a trading volume of 9,815,128 shares, compared to its average volume of 11,077,177. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.61 and a 1-year high of $84.84. The firm has a 50-day simple moving average of $79.15 and a 200 day simple moving average of $81.70.

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.