Flagstar Advisors Inc. Purchases New Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Flagstar Advisors Inc. purchased a new stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the third quarter, HoldingsChannel reports. The institutional investor purchased 7,168 shares of the exchange traded fund’s stock, valued at approximately $582,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Vanguard Long-Term Corporate Bond ETF by 7.8% during the 1st quarter. Vanguard Group Inc. now owns 4,175,772 shares of the exchange traded fund’s stock worth $326,671,000 after purchasing an additional 302,950 shares during the period. 1832 Asset Management L.P. grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 3.0% during the first quarter. 1832 Asset Management L.P. now owns 340,986 shares of the exchange traded fund’s stock worth $26,675,000 after buying an additional 9,982 shares during the last quarter. Transcendent Capital Group LLC increased its position in Vanguard Long-Term Corporate Bond ETF by 9.2% in the 1st quarter. Transcendent Capital Group LLC now owns 41,333 shares of the exchange traded fund’s stock valued at $3,233,000 after acquiring an additional 3,492 shares during the period. Ascent Group LLC purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the 1st quarter valued at approximately $1,319,000. Finally, Econ Financial Services Corp grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 14.8% in the 1st quarter. Econ Financial Services Corp now owns 46,020 shares of the exchange traded fund’s stock valued at $3,600,000 after purchasing an additional 5,932 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ:VCLT opened at $76.71 on Friday. The stock’s 50 day simple moving average is $78.99 and its 200-day simple moving average is $78.09. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $73.21 and a 12-month high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.3375 per share. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33.

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.