Belpointe Asset Management LLC Reduces Stake in Vanguard Long-Term Corporate Bond ETF $VCLT

Belpointe Asset Management LLC lowered its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 75.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,245 shares of the exchange traded fund’s stock after selling 139,882 shares during the period. Belpointe Asset Management LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $3,432,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VCLT. Friedenthal Financial grew its position in Vanguard Long-Term Corporate Bond ETF by 51.5% in the fourth quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 159 shares in the last quarter. AE Wealth Management LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 52.4% in the third quarter. AE Wealth Management LLC now owns 486 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 167 shares in the last quarter. Root Financial Partners LLC purchased a new position in Vanguard Long-Term Corporate Bond ETF in the third quarter worth about $44,000. Qube Research & Technologies Ltd purchased a new position in Vanguard Long-Term Corporate Bond ETF in the third quarter worth about $65,000. Finally, US Bancorp DE grew its position in Vanguard Long-Term Corporate Bond ETF by 1,700.0% in the third quarter. US Bancorp DE now owns 846 shares of the exchange traded fund’s stock worth $66,000 after acquiring an additional 799 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

VCLT opened at $75.75 on Monday. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $71.52 and a 12 month high of $79.28. The stock has a 50-day moving average of $75.64 and a 200 day moving average of $76.47.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a $0.3561 dividend. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date was Wednesday, April 1st.

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. 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.