Private Advisor Group LLC Grows Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Private Advisor Group LLC raised its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 75.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 13,488 shares of the exchange traded fund’s stock after acquiring an additional 5,779 shares during the period. Private Advisor Group LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,096,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of VCLT. Narwhal Capital Management acquired a new position in Vanguard Long-Term Corporate Bond ETF during the third quarter worth $218,000. Palouse Capital Management Inc. raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 4,996.9% in the third quarter. Palouse Capital Management Inc. now owns 48,013 shares of the exchange traded fund’s stock worth $3,900,000 after acquiring an additional 47,071 shares during the last quarter. Sightline Wealth Advisors LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the third quarter worth $3,060,000. Echo Wealth Management LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 7.4% in the third quarter. Echo Wealth Management LLC now owns 36,875 shares of the exchange traded fund’s stock worth $2,926,000 after acquiring an additional 2,555 shares during the last quarter. Finally, Compass Ion Advisors LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the third quarter valued at $719,000.

Vanguard Long-Term Corporate Bond ETF Stock Down 1.3 %

Shares of NASDAQ:VCLT opened at $76.36 on Friday. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $70.27 and a 52 week high of $82.63. The business has a fifty day simple moving average of $79.90 and a 200-day simple moving average of $77.82.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be given a $0.3375 dividend. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33. The ex-dividend date is Friday, November 1st.

Vanguard Long-Term Corporate Bond ETF Company 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.