Focus Partners Wealth Has $1.17 Million Stock Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Focus Partners Wealth cut its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 56.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,622 shares of the exchange traded fund’s stock after selling 20,262 shares during the quarter. Focus Partners Wealth’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,168,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Flagstar Advisors Inc. grew its position in Vanguard Long-Term Corporate Bond ETF by 2.0% during the fourth quarter. Flagstar Advisors Inc. now owns 7,311 shares of the exchange traded fund’s stock worth $547,000 after buying an additional 143 shares in the last quarter. Robertson Stephens Wealth Management LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 0.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 19,753 shares of the exchange traded fund’s stock worth $1,477,000 after buying an additional 159 shares in the last quarter. Blue Trust Inc. grew its position in Vanguard Long-Term Corporate Bond ETF by 0.6% during the fourth quarter. Blue Trust Inc. now owns 28,069 shares of the exchange traded fund’s stock worth $2,280,000 after buying an additional 171 shares in the last quarter. Coppell Advisory Solutions LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 3.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 6,622 shares of the exchange traded fund’s stock worth $497,000 after buying an additional 199 shares in the last quarter. Finally, Tradition Wealth Management LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 1.5% during the fourth quarter. Tradition Wealth Management LLC now owns 16,622 shares of the exchange traded fund’s stock worth $1,243,000 after buying an additional 245 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

VCLT stock opened at $73.56 on Friday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $70.61 and a twelve month high of $82.63. The business’s 50-day simple moving average is $74.31 and its 200 day simple moving average is $75.52.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 5th. Investors of record on Thursday, May 1st were given a dividend of $0.3583 per share. The ex-dividend date of this dividend was Thursday, May 1st. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.35. This represents a $4.30 dividend on an annualized basis and a yield of 5.85%.

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.