Concurrent Investment Advisors LLC Makes New Investment in Vanguard Long-Term Corporate Bond ETF $VCLT

Concurrent Investment Advisors LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 88,153 shares of the exchange traded fund’s stock, valued at approximately $6,686,000. Concurrent Investment Advisors LLC owned about 0.09% of Vanguard Long-Term Corporate Bond ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Friedenthal Financial boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 51.5% during the 4th quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 159 shares during the period. AE Wealth Management LLC lifted its position 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 acquiring an additional 167 shares during the last quarter. Root Financial Partners LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF during the 3rd quarter worth $44,000. Qube Research & Technologies Ltd bought a new stake in Vanguard Long-Term Corporate Bond ETF during the third quarter valued at about $65,000. Finally, US Bancorp DE boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 1,700.0% during the third quarter. US Bancorp DE now owns 846 shares of the exchange traded fund’s stock valued at $66,000 after acquiring an additional 799 shares during the period.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCLT opened at $75.31 on Monday. The stock’s 50-day moving average is $75.52 and its 200-day moving average is $76.39. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $71.52 and a 52-week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

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

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.