Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Acquired by Smith Partners Wealth Management LLC

Smith Partners Wealth Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 50.0% in the third quarter, HoldingsChannel reports. The firm owned 38,810 shares of the company’s stock after acquiring an additional 12,933 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for about 2.2% of Smith Partners Wealth Management LLC’s holdings, making the stock its 11th biggest position. Smith Partners Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,039,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its holdings in 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 buying an additional 33,615,148 shares during the last quarter. Baird Financial Group Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.4% in the 2nd 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 last quarter. Wealthfront Advisers LLC increased its stake 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 valued at $559,560,000 after acquiring an additional 1,251,320 shares during the last quarter. PNC Financial Services Group Inc. raised 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 valued at $391,285,000 after acquiring an additional 483,764 shares during the period. Finally, Symetra Investment Management Co acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at approximately $259,274,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $79.30 on Thursday. The company’s 50 day simple moving average is $79.22 and its 200 day simple moving average is $81.75. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.61 and a fifty-two 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.