Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 6.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 323,460 shares of the company’s stock after purchasing an additional 19,072 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises about 3.2% of Global Wealth Management Investment Advisory Inc.’s investment portfolio, making the stock its 3rd biggest holding. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $25,330,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in 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 valued at $9,802,945,000 after purchasing an additional 33,615,148 shares during the period. Symetra Investment Management Co acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the first quarter worth $259,274,000. First Interstate Bank acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth $168,766,000. Allspring Global Investments Holdings LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 147.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,710,658 shares of the company’s stock valued at $224,226,000 after buying an additional 1,615,135 shares in the last quarter. Finally, Wealthfront Advisers LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.7% during the first quarter. Wealthfront Advisers LLC now owns 6,762,049 shares of the company’s stock valued at $559,560,000 after buying an additional 1,251,320 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1%

Shares of VCIT stock opened at $79.82 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.61 and a 1-year high of $84.84. The stock’s fifty day simple moving average is $79.28 and its 200-day simple moving average is $81.79.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.