Vanguard Intermediate-Term Corporate Bond ETF $VCIT is Fortune 45 LLC’s 4th Largest Position

Fortune 45 LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 73.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 185,555 shares of the company’s stock after buying an additional 78,852 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 7.5% of Fortune 45 LLC’s holdings, making the stock its 4th largest holding. Fortune 45 LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $15,355,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. HHM Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter valued at about $29,000. Brown Brothers Harriman & Co. increased its stake in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares during the last quarter. Richards Merrill & Peterson Inc. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $30,000. Monetary Solutions Ltd purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $30,000. Finally, Chapman Financial Group LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $82.34 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $81.43 and a 1 year high of $84.84. The business has a 50 day simple moving average of $82.48 and a 200-day simple moving average of $83.20.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.3319 per share. The ex-dividend date is Wednesday, July 1st.

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.