Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock: Essex LLC Decreases Position

Essex LLC trimmed its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.9% during the 3rd quarter, Holdings Channel reports. The fund owned 321,953 shares of the company’s stock after selling 31,326 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 3.6% of Essex LLC’s investment portfolio, making the stock its 7th biggest position. Essex LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $25,212,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in VCIT. NBH Bank purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at $28,000. HHM Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at $29,000. Monetary Solutions Ltd bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $30,000. Go Invest LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth $32,000. Finally, Bayban bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth about $36,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock traded up $0.05 during mid-day trading on Wednesday, reaching $78.53. The company had a trading volume of 13,244,871 shares, compared to its average volume of 11,082,745. The firm has a 50 day moving average of $80.01 and a 200 day moving average of $81.53. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.61 and a 12 month 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.