Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stake Increased by Strategic Financial Services Inc.

Strategic Financial Services Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.8% in the second quarter, HoldingsChannel.com reports. The fund owned 885,012 shares of the company’s stock after acquiring an additional 16,011 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF accounts for approximately 3.2% of Strategic Financial Services Inc.’s portfolio, making the stock its 9th largest position. Strategic Financial Services Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $73,146,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE boosted its holdings 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 purchasing an additional 33,615,148 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 438.6% during the 4th quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after buying an additional 8,390,355 shares in the last quarter. Morgan Stanley raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the 4th quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after buying an additional 4,399,400 shares in the last quarter. Fisher Asset Management LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 4th quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after buying an additional 3,339,026 shares during the last quarter. Finally, Symetra Investment Management Co bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth approximately $259,274,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $80.53 on Monday. The stock has a 50 day simple moving average of $81.47 and a two-hundred day simple moving average of $82.40. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $80.38 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.