NewEdge Advisors LLC Sells 11,149 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

NewEdge Advisors LLC cut its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 9.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 108,448 shares of the exchange traded fund’s stock after selling 11,149 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $8,103,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Antonelli Financial Advisors LLC lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 10.2% in the fourth quarter. Antonelli Financial Advisors LLC now owns 92,056 shares of the exchange traded fund’s stock valued at $6,982,000 after acquiring an additional 8,519 shares during the period. Thrivent Financial for Lutherans purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at about $5,220,000. Revisor Wealth Management LLC lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 7.6% in the 4th quarter. Revisor Wealth Management LLC now owns 135,381 shares of the exchange traded fund’s stock worth $10,371,000 after purchasing an additional 9,508 shares during the period. Nottingham Advisors Inc. lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 39.2% in the 1st quarter. Nottingham Advisors Inc. now owns 56,786 shares of the exchange traded fund’s stock worth $4,243,000 after purchasing an additional 16,000 shares during the period. Finally, Purpose Unlimited Inc. purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth approximately $4,910,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCLT opened at $72.36 on Monday. The firm has a 50 day moving average of $74.01 and a 200 day moving average of $74.95. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $71.74 and a 12-month high of $79.28.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.3502 per share. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 5.8%. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.34.

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. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.