Northeast Financial Group Inc. Sells 14,225 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Northeast Financial Group Inc. decreased its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 9.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 143,713 shares of the exchange traded fund’s stock after selling 14,225 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up about 2.7% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 11th largest position. Northeast Financial Group Inc. owned approximately 0.15% of Vanguard Long-Term Corporate Bond ETF worth $10,748,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of VCLT. Allianz SE bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter worth $183,255,000. Millennium Management LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF during the 3rd quarter worth about $94,119,000. Jefferies Financial Group Inc. bought a new stake in Vanguard Long-Term Corporate Bond ETF during the 4th quarter worth about $41,145,000. PNC Financial Services Group Inc. increased its position in Vanguard Long-Term Corporate Bond ETF by 296.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 681,612 shares of the exchange traded fund’s stock valued at $50,930,000 after acquiring an additional 509,611 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 182.2% during the fourth quarter. JPMorgan Chase & Co. now owns 632,193 shares of the exchange traded fund’s stock worth $47,952,000 after purchasing an additional 408,177 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

VCLT opened at $72.22 on Monday. Vanguard Long-Term Corporate Bond ETF has a one year low of $72.08 and a one year high of $79.28. The company’s 50 day simple moving average is $74.44 and its 200-day simple moving average is $75.24.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a $0.3422 dividend. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date was Wednesday, July 1st.

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. 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.