Twele Capital Management Inc. Buys New Position in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Twele Capital Management Inc. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,681 shares of the company’s stock, valued at approximately $1,228,000. Vanguard Intermediate-Term Corporate Bond ETF accounts for 0.2% of Twele Capital Management Inc.’s investment portfolio, making the stock its 25th biggest holding.

Several other hedge funds also recently made changes to their positions in VCIT. Fagan Associates Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the 3rd quarter. Fagan Associates Inc. now owns 114,124 shares of the company’s stock valued at $8,937,000 after acquiring an additional 1,049 shares during the period. Financial Futures Ltd Liability Co. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.0% during the third quarter. Financial Futures Ltd Liability Co. now owns 226,624 shares of the company’s stock valued at $17,747,000 after purchasing an additional 4,481 shares in the last quarter. McGlone Suttner Wealth Management Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.4% during the third quarter. McGlone Suttner Wealth Management Inc. now owns 188,442 shares of the company’s stock valued at $14,757,000 after purchasing an additional 9,629 shares in the last quarter. Sax Wealth Advisors LLC increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 13.7% during the third quarter. Sax Wealth Advisors LLC now owns 12,566 shares of the company’s stock valued at $984,000 after purchasing an additional 1,512 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.0% during the third quarter. Avior Wealth Management LLC now owns 280,208 shares of the company’s stock valued at $21,943,000 after purchasing an additional 10,715 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT traded down $0.02 during mid-day trading on Tuesday, reaching $78.48. The company had a trading volume of 9,562,729 shares, compared to its average volume of 11,071,709. The firm has a 50-day moving average price of $80.01 and a 200 day moving average price of $81.53. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.61 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.