Sax Wealth Advisors LLC Acquires 5,381 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Sax Wealth Advisors LLC lifted its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 129.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,531 shares of the exchange traded fund’s stock after acquiring an additional 5,381 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $723,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VCLT. Beacon Capital Management LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the first quarter worth about $63,000. SVB Wealth LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the first quarter worth about $63,000. SSA Swiss Advisors AG bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the first quarter worth about $75,000. TD Private Client Wealth LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the second quarter worth about $79,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 618.1% in the second quarter. Farther Finance Advisors LLC now owns 1,070 shares of the exchange traded fund’s stock worth $81,000 after acquiring an additional 921 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.1%

NASDAQ VCLT opened at $77.47 on Thursday. The business has a 50-day moving average price of $76.71 and a 200-day moving average price of $75.07. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $70.61 and a twelve month high of $80.22.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

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

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.