Fortune Financial Group Inc. Acquires Shares of 7,323 Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Fortune Financial Group Inc. purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 7,323 shares of the company’s stock, valued at approximately $622,000.

Other institutional investors have also made changes to their positions in the company. Richards Merrill & Peterson Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $30,000. Chapman Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $31,000. United Financial Planning Group LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $34,000. Abich Financial Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at $35,000. Finally, DT Investment Partners LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1%

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.97 on Thursday. The firm has a 50 day simple moving average of $82.66 and a 200-day simple moving average of $83.39. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.3412 dividend. This represents a c) annualized dividend and a dividend yield of 5.0%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, June 1st.

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.