Fortress Financial Solutions LLC Makes New $8.60 Million Investment in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Fortress Financial Solutions LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 109,871 shares of the company’s stock, valued at approximately $8,604,000. Vanguard Intermediate-Term Corporate Bond ETF comprises 7.3% of Fortress Financial Solutions LLC’s holdings, making the stock its 3rd biggest position.

Several other large investors have also recently added to or reduced their stakes in the stock. Brighton Securities CORP. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at about $1,126,000. HB Wealth Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 242.9% during the 2nd quarter. HB Wealth Management LLC now owns 30,777 shares of the company’s stock valued at $2,544,000 after purchasing an additional 21,801 shares during the period. Morton Brown Family Wealth LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.9% in the 1st quarter. Morton Brown Family Wealth LLC now owns 162,814 shares of the company’s stock worth $13,473,000 after purchasing an additional 7,640 shares during the last quarter. Talon Private Wealth LLC grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 21.5% in the 2nd quarter. Talon Private Wealth LLC now owns 41,199 shares of the company’s stock worth $3,405,000 after purchasing an additional 7,304 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 39.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 41,202 shares of the company’s stock worth $3,405,000 after purchasing an additional 11,667 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCIT traded up $0.05 during trading hours on Wednesday, hitting $78.53. The stock had a trading volume of 13,244,871 shares, compared to its average volume of 11,082,745. The stock’s fifty day simple moving average is $80.01 and its 200 day simple moving average is $81.53. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.61 and a 1-year high of $84.84.

About Vanguard Intermediate-Term Corporate Bond ETF

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.