Envestnet Asset Management Inc. Sells 51,040 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Envestnet Asset Management Inc. lessened its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 13.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 336,965 shares of the exchange traded fund’s stock after selling 51,040 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.26% of Vanguard Long-Term Corporate Bond ETF worth $25,570,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. SVB Wealth LLC bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 1st quarter worth approximately $63,000. Blair William & Co. IL raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 36.3% in the 2nd quarter. Blair William & Co. IL now owns 894 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 238 shares during the period. NorthRock Partners LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 655.0% in the 2nd quarter. NorthRock Partners LLC now owns 906 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 786 shares during the period. CWM LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 1,115.2% in the 2nd quarter. CWM LLC now owns 960 shares of the exchange traded fund’s stock worth $73,000 after purchasing an additional 881 shares during the period. Finally, SSA Swiss Advisors AG bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 1st quarter worth approximately $75,000.

Vanguard Long-Term Corporate Bond ETF Stock Down 1.0%

NASDAQ:VCLT opened at $76.68 on Tuesday. The firm’s 50 day moving average is $77.62 and its 200 day moving average is $75.58. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $70.61 and a 12 month high of $79.47.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, November 5th. Investors of record on Monday, November 3rd will be issued a $0.3334 dividend. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%.

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.