Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Sold by SpringVest Wealth Management LLC

SpringVest Wealth Management LLC decreased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 231,732 shares of the company’s stock after selling 19,658 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF comprises about 11.1% of SpringVest Wealth Management LLC’s investment portfolio, making the stock its largest holding. SpringVest Wealth Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $18,147,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Financial Management Professionals Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $553,000. Brighton Securities CORP. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth about $1,126,000. HB Wealth Management LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 242.9% during the 2nd quarter. HB Wealth Management LLC now owns 30,777 shares of the company’s stock worth $2,544,000 after purchasing an additional 21,801 shares during the period. Scott Capital Advisors LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.4% during the 3rd quarter. Scott Capital Advisors LLC now owns 506,821 shares of the company’s stock worth $39,669,000 after purchasing an additional 150,793 shares during the period. Finally, Talon Private Wealth LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 21.5% in the 2nd quarter. Talon Private Wealth LLC now owns 41,199 shares of the company’s stock valued at $3,405,000 after purchasing an additional 7,304 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.2%

Shares of VCIT opened at $79.34 on Thursday. The stock has a 50-day simple moving average of $79.55 and a 200-day simple moving average of $81.96. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.61 and a 1 year 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.