Assetmark Inc. Buys 53,333 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Assetmark Inc. boosted its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 56.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 148,636 shares of the exchange traded fund’s stock after buying an additional 53,333 shares during the quarter. Assetmark Inc. owned approximately 0.08% of Vanguard Long-Term Corporate Bond ETF worth $11,283,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Pinney & Scofield Inc. acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at $44,000. Beacon Capital Management LLC acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 1st quarter worth about $63,000. Creative Financial Designs Inc. ADV lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 1,025.0% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the exchange traded fund’s stock valued at $137,000 after purchasing an additional 1,640 shares during the last quarter. BTG Pactual Asset Management US LLC bought a new position in Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at about $153,000. Finally, Glass Jacobson Investment Advisors llc boosted its position in Vanguard Long-Term Corporate Bond ETF by 89.8% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,270 shares of the exchange traded fund’s stock valued at $170,000 after buying an additional 1,074 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.5%

NASDAQ VCLT opened at $75.22 on Friday. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $70.61 and a 1-year high of $82.63. The company has a 50 day moving average of $74.31 and a 200-day moving average of $74.67.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were issued a dividend of $0.3393 per share. The ex-dividend date was Tuesday, July 1st. This represents a $4.07 dividend on an annualized basis and a yield of 5.41%.

About Vanguard Long-Term Corporate Bond ETF

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.