Fortress Financial Solutions LLC Invests $1.70 Million in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Fortress Financial Solutions LLC acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the fourth quarter, HoldingsChannel reports. The firm acquired 22,699 shares of the exchange traded fund’s stock, valued at approximately $1,697,000. Vanguard Long-Term Corporate Bond ETF comprises 2.4% of Fortress Financial Solutions LLC’s portfolio, making the stock its 13th biggest holding.

A number of other large investors also recently bought and sold shares of VCLT. PSI Advisors LLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 71.4% during the third quarter. PSI Advisors LLC now owns 437 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 182 shares during the last quarter. GAMMA Investing LLC increased its stake in Vanguard Long-Term Corporate Bond ETF by 8,116.7% in the 3rd quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 487 shares during the period. Glass Jacobson Investment Advisors llc lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 507.1% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,196 shares of the exchange traded fund’s stock valued at $97,000 after buying an additional 999 shares in the last quarter. WestEnd Advisors LLC boosted its position in Vanguard Long-Term Corporate Bond ETF by 27.6% in the 3rd quarter. WestEnd Advisors LLC now owns 1,499 shares of the exchange traded fund’s stock valued at $122,000 after buying an additional 324 shares during the period. Finally, Sunburst Financial Group LLC bought a new position in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter worth about $208,000.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.4 %

Shares of NASDAQ:VCLT opened at $75.18 on Wednesday. The firm’s 50 day simple moving average is $75.59 and its 200-day simple moving average is $77.86. Vanguard Long-Term Corporate Bond ETF has a one year low of $72.86 and a one year high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.3447 per share. The ex-dividend date of this dividend was Monday, February 3rd.

Vanguard Long-Term Corporate Bond ETF Profile

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.