Westover Capital Advisors LLC Makes New $10.15 Million Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Westover Capital Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 129,603 shares of the company’s stock, valued at approximately $10,149,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 1.6% of Westover Capital Advisors LLC’s investment portfolio, making the stock its 18th largest holding.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.6% during the first 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 last quarter. Baird Financial Group Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 10.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,359,239 shares of the company’s stock worth $608,241,000 after acquiring an additional 690,902 shares during the period. Wealthfront Advisers LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 22.7% during the 1st quarter. Wealthfront Advisers LLC now owns 6,762,049 shares of the company’s stock worth $559,560,000 after acquiring an additional 1,251,320 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of 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 during the last quarter. Finally, Symetra Investment Management Co purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at approximately $259,274,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $79.32 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $77.61 and a 12-month high of $84.84. The stock’s 50 day simple moving average is $79.65 and its 200-day simple moving average is $82.03.

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.