Park Avenue Securities LLC Takes $758,000 Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Park Avenue Securities LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 9,760 shares of the exchange traded fund’s stock, valued at approximately $758,000.

Several other hedge funds have also added to or reduced their stakes in the company. Howe & Rusling Inc. grew its holdings in Vanguard Long-Term Corporate Bond ETF by 292.6% in the 2nd quarter. Howe & Rusling Inc. now owns 369 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 275 shares in the last quarter. Anfield Capital Management LLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 185.6% in the second quarter. Anfield Capital Management LLC now owns 397 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 258 shares during the period. Blair William & Co. IL grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 36.3% in the second quarter. Blair William & Co. IL now owns 894 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 238 shares in the last quarter. NorthRock Partners LLC grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 655.0% in the second quarter. NorthRock Partners LLC now owns 906 shares of the exchange traded fund’s stock valued at $69,000 after acquiring an additional 786 shares in the last quarter. Finally, CWM LLC increased its position in Vanguard Long-Term Corporate Bond ETF by 1,115.2% during the second quarter. CWM LLC now owns 960 shares of the exchange traded fund’s stock worth $73,000 after acquiring an additional 881 shares during the period.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ VCLT opened at $76.86 on Thursday. The firm has a 50-day moving average price of $76.54 and a two-hundred day moving average price of $76.57. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $70.61 and a 12-month high of $79.28.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were given a dividend of $0.3402 per share. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Monday, December 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. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.