Asset Allocation & Management Company LLC Purchases New Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Asset Allocation & Management Company LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 41,970 shares of the exchange traded fund’s stock, valued at approximately $2,875,000. Vanguard Long-Term Corporate Bond ETF makes up approximately 0.9% of Asset Allocation & Management Company LLC’s investment portfolio, making the stock its 17th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in the stock. Atomic Invest LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF during the second quarter worth $25,000. Western Wealth Management LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 1st quarter valued at $34,000. Eastern Bank acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 3rd quarter valued at $37,000. SHP Wealth Management acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at $119,000. Finally, NFSG Corp boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 73.0% during the 1st quarter. NFSG Corp now owns 1,680 shares of the exchange traded fund’s stock valued at $126,000 after acquiring an additional 709 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Long-Term Corporate Bond ETF stock traded down $0.03 during trading on Tuesday, hitting $68.84. The company’s stock had a trading volume of 3,082,941 shares, compared to its average volume of 5,503,399. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $67.56 and a 52 week high of $79.28. The stock has a 50-day moving average price of $70.93 and a two-hundred day moving average price of $73.23.

About Vanguard Long-Term Corporate Bond ETF

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.