Farther Finance Advisors LLC Grows Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Farther Finance Advisors LLC raised its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 618.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,070 shares of the exchange traded fund’s stock after acquiring an additional 921 shares during the period. Farther Finance Advisors LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $81,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VCLT. Prudential PLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 0.9% in the 1st quarter. Prudential PLC now owns 84,644,539 shares of the exchange traded fund’s stock valued at $6,425,367,000 after acquiring an additional 785,860 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 111.7% during the 1st quarter. Jane Street Group LLC now owns 907,948 shares of the exchange traded fund’s stock valued at $68,922,000 after buying an additional 479,090 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Vanguard Long-Term Corporate Bond ETF by 978.5% in the 1st quarter. Jones Financial Companies Lllp now owns 397,175 shares of the exchange traded fund’s stock worth $30,150,000 after buying an additional 360,350 shares during the last quarter. OLD Mission Capital LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 1st quarter worth approximately $19,807,000. Finally, Exchange Traded Concepts LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 2nd quarter worth approximately $16,102,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ:VCLT opened at $77.77 on Friday. The business has a 50 day moving average of $76.59 and a 200 day moving average of $75.04. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $70.61 and a 1-year high of $80.22.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were issued a dividend of $0.3292 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 5.1%.

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.