Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Sets New 12-Month Low – Here’s What Happened

Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCITGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as $80.29 and last traded at $80.4350, with a volume of 1402 shares traded. The stock had previously closed at $80.46.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

The stock’s 50 day simple moving average is $81.37 and its two-hundred day simple moving average is $82.35.

Institutional Investors Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VCIT. WINTON GROUP Ltd purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth about $50,003,000. Engineers Gate Manager LP acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $1,273,000. Capital Analysts LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 9.1% in the second quarter. Capital Analysts LLC now owns 136,666 shares of the company’s stock valued at $11,295,000 after buying an additional 11,430 shares during the period. Insight Wealth Partners LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.7% during the second quarter. Insight Wealth Partners LLC now owns 277,432 shares of the company’s stock valued at $22,930,000 after buying an additional 4,621 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,682 shares of the company’s stock worth $883,000 after buying an additional 200 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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