Vanguard Long-Term Corporate Bond ETF $VCLT Shares Sold by Elm3 Financial Group LLC

Elm3 Financial Group LLC cut its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 47.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 5,907 shares of the exchange traded fund’s stock after selling 5,252 shares during the quarter. Elm3 Financial Group LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $448,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Prudential PLC raised its holdings in Vanguard Long-Term Corporate Bond ETF by 0.9% during the first quarter. Prudential PLC now owns 84,644,539 shares of the exchange traded fund’s stock worth $6,425,367,000 after purchasing an additional 785,860 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 2.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,216,684 shares of the exchange traded fund’s stock valued at $168,268,000 after buying an additional 49,401 shares in the last quarter. Angeles Investment Advisors LLC raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 12.7% during the 1st quarter. Angeles Investment Advisors LLC now owns 1,606,000 shares of the exchange traded fund’s stock worth $121,911,000 after buying an additional 181,000 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 111.7% in the 1st quarter. Jane Street Group LLC now owns 907,948 shares of the exchange traded fund’s stock worth $68,922,000 after buying an additional 479,090 shares in the last quarter. Finally, LPL Financial LLC grew its stake in Vanguard Long-Term Corporate Bond ETF by 28.0% in the 1st quarter. LPL Financial LLC now owns 792,397 shares of the exchange traded fund’s stock valued at $60,151,000 after acquiring an additional 173,430 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ:VCLT opened at $77.34 on Tuesday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $70.61 and a twelve month high of $80.22. The firm has a 50-day moving average price of $76.64 and a two-hundred day moving average price of $75.04.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a dividend of $0.3292 per share. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Wednesday, October 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.