MMA Asset Management LLC Has $1.39 Million Holdings in Vanguard Long-Term Corporate Bond ETF $VCLT

MMA Asset Management LLC trimmed its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 37.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,946 shares of the exchange traded fund’s stock after selling 10,669 shares during the period. MMA Asset Management LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,394,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VCLT. Howe & Rusling Inc. increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 292.6% during the 2nd quarter. Howe & Rusling Inc. now owns 369 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 275 shares during the last quarter. Anfield Capital Management LLC boosted its position in Vanguard Long-Term Corporate Bond ETF by 185.6% during the second quarter. Anfield Capital Management LLC now owns 397 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 258 shares during the period. AE Wealth Management LLC boosted its position in Vanguard Long-Term Corporate Bond ETF by 52.4% during the third quarter. AE Wealth Management LLC now owns 486 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 167 shares during the period. Root Financial Partners LLC bought a new position in Vanguard Long-Term Corporate Bond ETF during the third quarter worth $44,000. Finally, Blair William & Co. IL increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 36.3% in the second quarter. Blair William & Co. IL now owns 894 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 238 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ VCLT opened at $76.27 on Friday. The firm has a 50-day moving average of $76.32 and a 200-day moving average of $76.73. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $70.61 and a 52-week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

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

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.