Vanguard Intermediate-Term Corporate Bond ETF $VCIT Position Boosted by Benchmark Financial LLC

Benchmark Financial LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 9.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,064 shares of the company’s stock after acquiring an additional 16,638 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 11.9% of Benchmark Financial LLC’s investment portfolio, making the stock its 2nd biggest position. Benchmark Financial LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,354,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Farrell Financial LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 10.3% in the third quarter. Farrell Financial LLC now owns 120,500 shares of the company’s stock worth $9,436,000 after purchasing an additional 11,209 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter worth approximately $161,000. Riverbend Wealth Management LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 32.7% during the third quarter. Riverbend Wealth Management LLC now owns 39,121 shares of the company’s stock worth $3,064,000 after buying an additional 9,646 shares during the period. Patriot Investment Management Group Inc. raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.0% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 869,821 shares of the company’s stock worth $68,116,000 after acquiring an additional 17,086 shares in the last quarter. Finally, Neumann Capital Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth $916,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.6%

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $79.00 on Friday. The firm’s 50 day moving average price is $79.91 and its 200-day moving average price is $81.49. 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.