Leo Wealth LLC Acquires New Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Leo Wealth LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, Holdings Channel.com reports. The institutional investor bought 8,020 shares of the company’s stock, valued at approximately $628,000.

Several other institutional investors also recently bought and sold shares of VCIT. Bank of America Corp DE increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.6% during 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 purchasing an additional 33,615,148 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of 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 valued at $608,241,000 after purchasing an additional 690,902 shares during the last quarter. Wealthfront Advisers LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.7% in the 1st quarter. Wealthfront Advisers LLC now owns 6,762,049 shares of the company’s stock worth $559,560,000 after purchasing an additional 1,251,320 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.4% in the 1st 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 in the last quarter. Finally, Symetra Investment Management Co acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth $259,274,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT stock opened at $79.48 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.61 and a 1-year high of $84.84. The stock’s fifty day moving average price is $79.58 and its 200 day moving average price is $81.99.

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.