Advisors Preferred LLC Invests $6.36 Million in Vanguard Long-Term Corporate Bond ETF $VCLT

Advisors Preferred LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 81,971 shares of the exchange traded fund’s stock, valued at approximately $6,363,000. Vanguard Long-Term Corporate Bond ETF makes up 0.9% of Advisors Preferred LLC’s portfolio, making the stock its 27th biggest position. Advisors Preferred LLC owned 0.08% of Vanguard Long-Term Corporate Bond ETF at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of VCLT. CWM LLC increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 1,115.2% during the 2nd quarter. CWM LLC now owns 960 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 881 shares in the last quarter. Stephens Inc. AR purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the second quarter worth $200,000. Brookstone Capital Management grew its position in Vanguard Long-Term Corporate Bond ETF by 7.4% during the second quarter. Brookstone Capital Management now owns 3,708 shares of the exchange traded fund’s stock valued at $281,000 after buying an additional 256 shares during the period. Ranch Capital Advisors Inc. increased its holdings in Vanguard Long-Term Corporate Bond ETF by 9.0% in the second quarter. Ranch Capital Advisors Inc. now owns 23,844 shares of the exchange traded fund’s stock valued at $1,810,000 after buying an additional 1,965 shares in the last quarter. Finally, Topsail Wealth Management LLC increased its holdings in Vanguard Long-Term Corporate Bond ETF by 1.5% in the second quarter. Topsail Wealth Management LLC now owns 23,786 shares of the exchange traded fund’s stock valued at $1,805,000 after buying an additional 342 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.1%

Shares of Vanguard Long-Term Corporate Bond ETF stock opened at $77.30 on Friday. The firm has a 50-day simple moving average of $76.40 and a two-hundred day simple moving average of $76.86. 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 Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.3456 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 5.4%.

Vanguard Long-Term Corporate Bond ETF 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.