Pekin Hardy Strauss Inc. Purchases New Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Pekin Hardy Strauss Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, HoldingsChannel reports. The firm acquired 26,226 shares of the company’s stock, valued at approximately $2,054,000.

A number of other institutional investors also recently made changes to their positions in the business. Bank of America Corp DE raised its position in 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 during the period. Baird Financial Group Inc. increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.4% in the second quarter. Baird Financial Group Inc. now owns 7,359,239 shares of the company’s stock worth $608,241,000 after buying an additional 690,902 shares during the period. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.7% in the first quarter. Wealthfront Advisers LLC now owns 6,762,049 shares of the company’s stock worth $559,560,000 after buying an additional 1,251,320 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,728,521 shares of the company’s stock valued at $391,285,000 after acquiring an additional 483,764 shares during the last quarter. Finally, Symetra Investment Management Co bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $259,274,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1%

VCIT stock traded down $0.10 during trading on Friday, hitting $79.77. 10,875,249 shares of the company traded hands, compared to its average volume of 11,135,911. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.61 and a 1 year high of $84.84. The company has a 50-day moving average of $79.30 and a 200-day moving average of $81.81.

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.