Vanguard Long-Term Corporate Bond ETF $VCLT Shares Acquired by GDS Wealth Management

GDS Wealth Management lifted its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 15.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 656,579 shares of the exchange traded fund’s stock after buying an additional 89,357 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up 3.4% of GDS Wealth Management’s holdings, making the stock its 3rd largest position. GDS Wealth Management owned about 0.66% of Vanguard Long-Term Corporate Bond ETF worth $50,983,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Gallagher Fiduciary Advisors LLC lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 19,539.6% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 59,297,124 shares of the exchange traded fund’s stock valued at $4,500,652,000 after acquiring an additional 58,995,198 shares during the period. Country Trust Bank purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF during the 3rd quarter valued at approximately $150,058,000. Citigroup Inc. lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 4,898.0% in the 2nd quarter. Citigroup Inc. now owns 1,356,114 shares of the exchange traded fund’s stock valued at $102,929,000 after purchasing an additional 1,328,981 shares during the period. Greenleaf Trust purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the third quarter worth $18,384,000. Finally, Castleark Management LLC acquired a new stake in Vanguard Long-Term Corporate Bond ETF during the second quarter valued at $17,947,000.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.1%

VCLT opened at $76.75 on Friday. The company has a fifty day moving average of $76.48 and a two-hundred day moving average of $76.63. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $70.61 and a fifty-two week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were issued a $0.3402 dividend. 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. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

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. 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.