Davidson Capital Management Inc. lifted its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT – Free Report) by 2.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 747,412 shares of the exchange traded fund’s stock after buying an additional 20,538 shares during the quarter. Vanguard Long-Term Corporate Bond ETF accounts for approximately 8.6% of Davidson Capital Management Inc.’s holdings, making the stock its 2nd largest position. Davidson Capital Management Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $51,198,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of VCLT. Atomic Invest LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the second quarter worth $25,000. Western Wealth Management LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 1st quarter valued at $34,000. Eastern Bank bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at $37,000. SHP Wealth Management bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at $119,000. Finally, NFSG Corp increased its holdings in Vanguard Long-Term Corporate Bond ETF by 73.0% in the 1st quarter. NFSG Corp now owns 1,680 shares of the exchange traded fund’s stock valued at $126,000 after acquiring an additional 709 shares during the last quarter.
Vanguard Long-Term Corporate Bond ETF Trading Up 1.3%
Shares of VCLT stock opened at $69.97 on Friday. The company’s fifty day simple moving average is $70.74 and its two-hundred day simple moving average is $73.13. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $67.56 and a 52 week high of $79.28.
Vanguard Long-Term Corporate Bond ETF Company 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.
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