Vanguard Long-Term Corporate Bond ETF $VCLT Shares Sold by MMA Asset Management LLC

MMA Asset Management LLC reduced its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 55.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,615 shares of the exchange traded fund’s stock after selling 36,262 shares during the quarter. Vanguard Long-Term Corporate Bond ETF comprises approximately 0.8% of MMA Asset Management LLC’s investment portfolio, making the stock its 28th largest position. MMA Asset Management LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,172,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Atria Investments Inc raised its stake in Vanguard Long-Term Corporate Bond ETF by 11.3% in the 2nd quarter. Atria Investments Inc now owns 37,805 shares of the exchange traded fund’s stock valued at $2,869,000 after purchasing an additional 3,826 shares during the last quarter. Econ Financial Services Corp raised its stake in Vanguard Long-Term Corporate Bond ETF by 0.9% in the 2nd quarter. Econ Financial Services Corp now owns 71,983 shares of the exchange traded fund’s stock valued at $5,464,000 after purchasing an additional 645 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF in the 2nd quarter valued at $388,000. Nisa Investment Advisors LLC raised its stake in Vanguard Long-Term Corporate Bond ETF by 2.5% in the 2nd quarter. Nisa Investment Advisors LLC now owns 183,600 shares of the exchange traded fund’s stock valued at $13,935,000 after purchasing an additional 4,536 shares during the last quarter. Finally, Topsail Wealth Management LLC raised its stake in Vanguard Long-Term Corporate Bond ETF by 1.5% in the 2nd quarter. Topsail Wealth Management LLC now owns 23,786 shares of the exchange traded fund’s stock valued at $1,805,000 after purchasing an additional 342 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ VCLT opened at $77.42 on Monday. Vanguard Long-Term Corporate Bond ETF has a one year low of $70.61 and a one year high of $79.47. The business has a fifty day moving average price of $77.60 and a 200 day moving average price of $75.56.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd will be paid a $0.3334 dividend. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%.

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.