Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Fortress Financial Solutions LLC

Fortress Financial Solutions LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 4.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,849 shares of the company’s stock after buying an additional 3,430 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 9.0% of Fortress Financial Solutions LLC’s investment portfolio, making the stock its 2nd largest holding. Fortress Financial Solutions LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the second quarter. JPMorgan Chase & Co. now owns 55,312,304 shares of the company’s stock valued at $4,586,496,000 after acquiring an additional 3,404,271 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 69.4% in the 2nd quarter. Wealthfront Advisers LLC now owns 4,871,726 shares of the company’s stock valued at $403,964,000 after purchasing an additional 1,995,404 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.9% in the 1st quarter. Ameriprise Financial Inc. now owns 10,033,175 shares of the company’s stock valued at $821,046,000 after purchasing an additional 987,197 shares during the last quarter. Mather Group LLC. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5,086,135.3% in the 2nd quarter. Mather Group LLC. now owns 864,660 shares of the company’s stock valued at $71,698,000 after purchasing an additional 864,643 shares during the period. Finally, Venturi Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11,596.4% in the 2nd quarter. Venturi Wealth Management LLC now owns 668,447 shares of the company’s stock valued at $55,428,000 after purchasing an additional 662,732 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2%

VCIT opened at $84.62 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $78.66 and a 52 week high of $84.84. The business’s 50 day moving average is $84.11 and its two-hundred day moving average is $83.02.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a dividend of $0.326 per share. 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.