LPL Financial LLC Buys 114,709 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

LPL Financial LLC increased its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 22.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 618,967 shares of the exchange traded fund’s stock after purchasing an additional 114,709 shares during the period. LPL Financial LLC owned approximately 0.33% of Vanguard Long-Term Corporate Bond ETF worth $46,286,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VCLT. Charles Schwab Investment Management Inc. bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at $162,069,000. BNP Paribas Financial Markets lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 11.2% in the third quarter. BNP Paribas Financial Markets now owns 658,400 shares of the exchange traded fund’s stock valued at $53,482,000 after acquiring an additional 66,524 shares during the period. Raymond James Financial Inc. purchased a new position in Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth about $49,200,000. NYL Investors LLC grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 0.9% during the 4th quarter. NYL Investors LLC now owns 614,200 shares of the exchange traded fund’s stock valued at $45,930,000 after purchasing an additional 5,600 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 33.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 569,098 shares of the exchange traded fund’s stock valued at $42,557,000 after purchasing an additional 141,449 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

VCLT opened at $74.99 on Friday. The company’s 50 day moving average is $75.76 and its 200 day moving average is $77.15. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $72.86 and a 12-month high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.3032 per share. The ex-dividend date was Monday, March 3rd.

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.