Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Shares Bought by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. raised its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 42.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,453 shares of the exchange traded fund’s stock after acquiring an additional 2,216 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $792,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VCLT. Jane Street Group LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 560.1% during the first quarter. Jane Street Group LLC now owns 1,758,402 shares of the exchange traded fund’s stock valued at $170,794,000 after acquiring an additional 1,492,028 shares during the period. Prudential PLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 23.0% in the first quarter. Prudential PLC now owns 3,427,169 shares of the exchange traded fund’s stock worth $332,881,000 after buying an additional 640,555 shares during the period. Silver Point Capital L.P. purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the first quarter worth about $41,766,000. RiverFront Investment Group LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the second quarter worth about $27,432,000. Finally, Wells Fargo & Company MN boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 12.8% in the first quarter. Wells Fargo & Company MN now owns 1,731,185 shares of the exchange traded fund’s stock worth $168,150,000 after buying an additional 196,586 shares during the period.

Shares of NASDAQ VCLT traded down $0.05 on Friday, hitting $112.08. The company had a trading volume of 636,359 shares, compared to its average volume of 763,845. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $78.18 and a 12-month high of $112.50. The business has a 50 day moving average of $108.02 and a two-hundred day moving average of $103.19.

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Thursday, July 2nd were paid a $0.271 dividend. This represents a $3.25 annualized dividend and a dividend yield of 2.90%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.

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Institutional Ownership by Quarter for Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

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