Avantax Advisory Services Inc. Purchases 806 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Avantax Advisory Services Inc. increased its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 4.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,500 shares of the exchange traded fund’s stock after buying an additional 806 shares during the period. Avantax Advisory Services Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,328,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pinney & Scofield Inc. purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth $44,000. Beacon Capital Management LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 1st quarter valued at about $63,000. Creative Financial Designs Inc. ADV grew its position in Vanguard Long-Term Corporate Bond ETF by 1,025.0% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the exchange traded fund’s stock worth $137,000 after acquiring an additional 1,640 shares in the last quarter. BTG Pactual Asset Management US LLC purchased a new position in Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth about $153,000. Finally, Glass Jacobson Investment Advisors llc increased its stake in Vanguard Long-Term Corporate Bond ETF by 89.8% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,270 shares of the exchange traded fund’s stock worth $170,000 after acquiring an additional 1,074 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT stock opened at $75.70 on Friday. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $70.61 and a 1 year high of $82.63. The stock’s 50 day simple moving average is $74.59 and its two-hundred day simple moving average is $74.73.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, August 5th. Investors of record on Friday, August 1st will be issued a dividend of $0.4247 per share. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date is Friday, August 1st. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly 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.