RiverFront Investment Group LLC Buys 81,452 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

RiverFront Investment Group LLC grew its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 70.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 196,515 shares of the exchange traded fund’s stock after acquiring an additional 81,452 shares during the quarter. RiverFront Investment Group LLC owned about 0.23% of Vanguard Long-Term Corporate Bond ETF worth $15,751,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Evolution Advisers Inc. bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at $26,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the third quarter valued at $31,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at $36,000. Fifth Third Bancorp boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 29.5% during the third quarter. Fifth Third Bancorp now owns 738 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 168 shares during the last quarter. Finally, Capital Investment Advisory Services LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at $64,000.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.5 %

Shares of Vanguard Long-Term Corporate Bond ETF stock traded up $0.41 during trading on Friday, hitting $74.22. 1,222,444 shares of the company’s stock traded hands, compared to its average volume of 2,358,499. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $67.47 and a 1 year high of $81.11. The business has a 50-day simple moving average of $76.56 and a 200-day simple moving average of $76.05.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a dividend of $0.3181 per share. The ex-dividend date was Monday, April 1st.

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.