Waverly Advisors LLC Grows Stock Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Waverly Advisors LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 406,658 shares of the company’s stock after buying an additional 16,263 shares during the period. Waverly Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $33,610,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 39.6% during 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 acquiring an additional 33,615,148 shares during the period. Corient Private Wealth LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 438.6% in the fourth quarter. Corient Private Wealth LLC now owns 10,303,448 shares of the company’s stock valued at $862,914,000 after purchasing an additional 8,390,355 shares during the period. Morgan Stanley grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 22.4% in the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after purchasing an additional 4,399,400 shares during the period. Fisher Asset Management LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after purchasing an additional 3,339,026 shares during the last quarter. Finally, Symetra Investment Management Co acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter worth approximately $259,274,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ:VCIT traded down $0.07 during trading hours on Tuesday, reaching $80.46. 7,060,842 shares of the company were exchanged, compared to its average volume of 10,850,285. The stock has a 50 day simple moving average of $81.37 and a 200 day simple moving average of $82.35. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $80.38 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.