Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Bought by Riverbend Wealth Management LLC

Riverbend Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 32.7% in the third quarter, Holdings Channel.com reports. The fund owned 39,121 shares of the company’s stock after purchasing an additional 9,646 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up about 1.4% of Riverbend Wealth Management LLC’s holdings, making the stock its 16th largest holding. Riverbend Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,064,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of 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 worth $9,802,945,000 after acquiring an additional 33,615,148 shares during the period. Corient Private Wealth LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the 4th quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after purchasing an additional 8,390,355 shares in the last quarter. Baird Financial Group Inc. increased its stake in 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 purchasing an additional 690,902 shares in the last quarter. Wealthfront Advisers LLC increased its stake in 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 purchasing an additional 1,251,320 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in 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 purchasing an additional 483,764 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.6%

Shares of VCIT stock opened at $79.00 on Friday. The stock has a fifty day moving average price of $79.91 and a 200 day moving average price of $81.49. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.61 and a 1 year high of $84.84.

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.