30,567 Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by Marion Wealth Management

Marion Wealth Management boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 5.8% during the third quarter, Holdings Channel reports. The firm owned 553,331 shares of the company’s stock after acquiring an additional 30,567 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up about 8.6% of Marion Wealth Management’s investment portfolio, making the stock its biggest position. Marion Wealth Management’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $43,331,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. NBH Bank purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $28,000. HHM Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth about $29,000. Go Invest LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $32,000. Compass Financial Management LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth about $40,000. Finally, USA Financial Formulas bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at approximately $46,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT opened at $78.79 on Thursday. The business has a fifty day moving average price of $79.72 and a 200-day moving average price of $81.38. 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 Company 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.