Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Fortress Financial Solutions LLC’s 2nd Largest Position

Fortress Financial Solutions LLC lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 86,849 shares of the company’s stock after buying an additional 3,430 shares during the quarter. Vanguard Intermediate-Term Corporate Bond ETF makes up approximately 9.0% of Fortress Financial Solutions LLC’s portfolio, making the stock its 2nd biggest position. Fortress Financial Solutions LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,202,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Mattson Financial Services LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth approximately $28,000. Aspect Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $28,000. Anfield Capital Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth $29,000. NorthRock Partners LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 54.1% during the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock worth $31,000 after purchasing an additional 132 shares during the last quarter. Finally, NewSquare Capital LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth $33,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $84.62 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $78.66 and a 12 month high of $84.84. The business’s fifty day moving average price is $84.11 and its 200 day moving average price is $83.02.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a $0.326 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.