Evolution Advisers Inc. Takes $26,000 Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Evolution Advisers Inc. bought a new position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 322 shares of the exchange traded fund’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cullen Frost Bankers Inc. bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at about $31,000. Tennessee Valley Asset Management Partners acquired a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth about $36,000. Fifth Third Bancorp increased its holdings in Vanguard Long-Term Corporate Bond ETF by 29.5% in the 3rd quarter. Fifth Third Bancorp now owns 738 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 168 shares in the last quarter. Capital Investment Advisory Services LLC acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at about $64,000. Finally, VitalStone Financial LLC increased its stake in shares of Vanguard Long-Term Corporate Bond ETF by 65.7% in the third quarter. VitalStone Financial LLC now owns 926 shares of the exchange traded fund’s stock valued at $66,000 after buying an additional 367 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.4 %

NASDAQ:VCLT traded down $0.28 on Thursday, hitting $73.81. The stock had a trading volume of 1,169,879 shares, compared to its average volume of 2,372,701. The business’s fifty day moving average is $76.61 and its 200 day moving average is $75.99. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $67.47 and a 52 week high of $81.11.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.3181 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.