MMA Asset Management LLC Has $5.65 Million Stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

MMA Asset Management LLC trimmed its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 17.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,980 shares of the exchange traded fund’s stock after selling 15,485 shares during the quarter. Vanguard Long-Term Corporate Bond ETF accounts for approximately 3.2% of MMA Asset Management LLC’s holdings, making the stock its 6th biggest holding. MMA Asset Management LLC owned approximately 0.09% of Vanguard Long-Term Corporate Bond ETF worth $5,646,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Johns Hopkins University raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 6,307.2% during the 3rd quarter. Johns Hopkins University now owns 5,029,402 shares of the exchange traded fund’s stock valued at $360,206,000 after buying an additional 4,950,906 shares in the last quarter. Royal Bank of Canada raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 2.9% during the 3rd quarter. Royal Bank of Canada now owns 2,258,292 shares of the exchange traded fund’s stock valued at $161,738,000 after buying an additional 63,838 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 3.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,975,406 shares of the exchange traded fund’s stock valued at $141,479,000 after buying an additional 62,315 shares in the last quarter. BNP Paribas Financial Markets raised its position in Vanguard Long-Term Corporate Bond ETF by 2,134.0% in the 4th quarter. BNP Paribas Financial Markets now owns 1,379,238 shares of the exchange traded fund’s stock worth $110,546,000 after purchasing an additional 1,317,500 shares during the period. Finally, NYL Investors LLC raised its position in Vanguard Long-Term Corporate Bond ETF by 1.5% in the 3rd quarter. NYL Investors LLC now owns 1,261,000 shares of the exchange traded fund’s stock worth $90,313,000 after purchasing an additional 18,200 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Vanguard Long-Term Corporate Bond ETF stock traded up $0.27 during midday trading on Friday, reaching $76.14. The stock had a trading volume of 719,074 shares, compared to its average volume of 2,329,985. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $67.47 and a 52-week high of $81.11. The company has a fifty day moving average of $75.86 and a 200 day moving average of $76.91.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 6th. Investors of record on Thursday, May 2nd were given a $0.323 dividend. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32. The ex-dividend date was Wednesday, May 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.