Citigroup Inc. Has $1.95 Million Stake in Vanguard Long-Term Corporate Bond ETF $VCLT

Citigroup Inc. reduced its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 98.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,134 shares of the exchange traded fund’s stock after selling 1,330,980 shares during the quarter. Citigroup Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,952,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of VCLT. Howe & Rusling Inc. grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 292.6% in the 2nd quarter. Howe & Rusling Inc. now owns 369 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 275 shares during the period. Anfield Capital Management LLC raised its holdings in Vanguard Long-Term Corporate Bond ETF by 185.6% during the 2nd quarter. Anfield Capital Management LLC now owns 397 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 258 shares during the period. AE Wealth Management LLC raised its holdings in Vanguard Long-Term Corporate Bond ETF by 52.4% during the 3rd quarter. AE Wealth Management LLC now owns 486 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 167 shares during the period. Root Financial Partners LLC bought a new position in Vanguard Long-Term Corporate Bond ETF in the third quarter valued at approximately $44,000. Finally, Running Point Capital Advisors LLC lifted its stake in Vanguard Long-Term Corporate Bond ETF by 39.3% in the third quarter. Running Point Capital Advisors LLC now owns 1,025 shares of the exchange traded fund’s stock valued at $80,000 after buying an additional 289 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.4%

Vanguard Long-Term Corporate Bond ETF stock opened at $75.86 on Monday. The company has a 50 day moving average of $76.54 and a 200-day moving average of $76.93. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $70.61 and a twelve month high of $79.28.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.3181 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Monday, March 2nd.

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.