Prospect Financial Services LLC Has $9.06 Million Stock Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Prospect Financial Services LLC increased its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 75.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 121,170 shares of the exchange traded fund’s stock after buying an additional 51,931 shares during the period. Vanguard Long-Term Corporate Bond ETF accounts for 4.9% of Prospect Financial Services LLC’s holdings, making the stock its 3rd biggest holding. Prospect Financial Services LLC owned about 0.07% of Vanguard Long-Term Corporate Bond ETF worth $9,061,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC raised its position in Vanguard Long-Term Corporate Bond ETF by 255,209.3% in the third quarter. International Assets Investment Management LLC now owns 661,251 shares of the exchange traded fund’s stock worth $53,713,000 after acquiring an additional 660,992 shares during the period. Assetmark Inc. raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 62.5% in the third quarter. Assetmark Inc. now owns 1,199,131 shares of the exchange traded fund’s stock valued at $97,405,000 after purchasing an additional 461,290 shares during the period. Angeles Investment Advisors LLC raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 40.8% in the third quarter. Angeles Investment Advisors LLC now owns 1,425,000 shares of the exchange traded fund’s stock valued at $115,753,000 after purchasing an additional 413,000 shares during the period. Sanctuary Advisors LLC raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 206.5% in the third quarter. Sanctuary Advisors LLC now owns 432,910 shares of the exchange traded fund’s stock valued at $33,209,000 after purchasing an additional 291,646 shares during the period. Finally, Benjamin Edwards Inc. raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 1,479.4% in the third quarter. Benjamin Edwards Inc. now owns 291,122 shares of the exchange traded fund’s stock valued at $23,648,000 after purchasing an additional 272,690 shares during the period.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ VCLT opened at $75.70 on Tuesday. The company’s 50 day moving average is $76.07 and its 200-day moving average is $77.99. 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 Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a $0.3563 dividend. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.34.

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.