Fortress Financial Solutions LLC Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Fortress Financial Solutions LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 75,959 shares of the company’s stock, valued at approximately $6,097,000. Vanguard Intermediate-Term Corporate Bond ETF comprises approximately 8.6% of Fortress Financial Solutions LLC’s portfolio, making the stock its 2nd biggest holding.

A number of other hedge funds have also recently modified their holdings of VCIT. Friedenthal Financial lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the third quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock valued at $1,863,000 after purchasing an additional 124 shares in the last quarter. Trustmark National Bank Trust Department raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the third quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock worth $1,198,000 after buying an additional 134 shares during the period. Vicus Capital lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 3rd quarter. Vicus Capital now owns 20,489 shares of the company’s stock valued at $1,716,000 after buying an additional 135 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock valued at $596,000 after acquiring an additional 138 shares during the period. Finally, Kingsview Wealth Management LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock worth $1,409,000 after acquiring an additional 139 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT opened at $80.58 on Wednesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.25. The company’s 50 day moving average is $80.65 and its two-hundred day moving average is $81.76.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.3129 per share. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date was Monday, February 3rd.

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.