Financial Advisory Partners LLC Cuts Holdings in Vanguard Long-Term Corporate Bond ETF $VCLT

Financial Advisory Partners LLC cut its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 30.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,854 shares of the exchange traded fund’s stock after selling 25,751 shares during the quarter. Vanguard Long-Term Corporate Bond ETF accounts for 1.3% of Financial Advisory Partners LLC’s portfolio, making the stock its 23rd biggest holding. Financial Advisory Partners LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $4,570,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VCLT. Park Avenue Securities LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 3rd quarter worth $758,000. Greenleaf Trust acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the third quarter valued at about $18,384,000. Geneos Wealth Management Inc. boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 5.7% during the third quarter. Geneos Wealth Management Inc. now owns 11,210 shares of the exchange traded fund’s stock worth $870,000 after buying an additional 606 shares in the last quarter. Nottingham Advisors Inc. grew its position in Vanguard Long-Term Corporate Bond ETF by 59.0% during the third quarter. Nottingham Advisors Inc. now owns 29,553 shares of the exchange traded fund’s stock worth $2,295,000 after buying an additional 10,971 shares during the period. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in Vanguard Long-Term Corporate Bond ETF by 60.6% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 8,900 shares of the exchange traded fund’s stock valued at $691,000 after buying an additional 3,358 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.2%

VCLT stock opened at $76.24 on Thursday. The firm has a 50 day moving average of $76.60 and a 200-day moving average of $76.53. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $70.61 and a 12-month high of $79.28.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a dividend of $0.3402 per share. The ex-dividend date was Monday, December 1st. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a yield of 5.4%.

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.