Aureum Wealth Management LLC Takes Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Aureum Wealth Management LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,809 shares of the exchange traded fund’s stock, valued at approximately $1,199,000. Vanguard Long-Term Corporate Bond ETF accounts for approximately 1.1% of Aureum Wealth Management LLC’s investment portfolio, making the stock its 27th biggest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Milestone Asset Management LLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 2.4% during the fourth quarter. Milestone Asset Management LLC now owns 11,565 shares of the exchange traded fund’s stock valued at $877,000 after buying an additional 271 shares during the last quarter. Davidson Capital Management Inc. boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 14.7% in the fourth quarter. Davidson Capital Management Inc. now owns 422,785 shares of the exchange traded fund’s stock worth $32,068,000 after buying an additional 54,315 shares during the last quarter. Kingswood Wealth Advisors LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 3.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 32,780 shares of the exchange traded fund’s stock valued at $2,486,000 after buying an additional 959 shares during the period. Antonelli Financial Advisors LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 10.2% during the fourth quarter. Antonelli Financial Advisors LLC now owns 92,056 shares of the exchange traded fund’s stock valued at $6,982,000 after buying an additional 8,519 shares during the period. Finally, Checchi Capital Advisers LLC increased its holdings in Vanguard Long-Term Corporate Bond ETF by 24.1% during the fourth quarter. Checchi Capital Advisers LLC now owns 51,066 shares of the exchange traded fund’s stock valued at $3,873,000 after buying an additional 9,933 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of VCLT stock opened at $75.60 on Thursday. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $71.52 and a 1 year high of $79.28. The firm has a fifty day moving average price of $75.60 and a 200-day moving average price of $76.43.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.3561 per share. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 5.7%.

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.