AA Financial Advisors LLC Buys 16,146 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

AA Financial Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 15.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 123,154 shares of the company’s stock after buying an additional 16,146 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up 1.2% of AA Financial Advisors LLC’s holdings, making the stock its 26th biggest holding. AA Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $9,644,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE raised its position 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 buying an additional 33,615,148 shares during the period. Baird Financial Group Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 10.4% in the second 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 boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 22.7% in the first 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. grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 11.4% during the first 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 purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at about $259,274,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock traded down $0.35 during trading on Monday, reaching $78.65. 7,638,714 shares of the stock traded hands, compared to its average volume of 11,052,225. The business’s 50 day moving average price is $79.86 and its 200-day moving average price is $81.47. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.61 and a 52-week 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.