Vanguard Long-Term Corporate Bond ETF $VCLT Shares Acquired by LeConte Wealth Management LLC

LeConte Wealth Management LLC lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 74.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 132,437 shares of the exchange traded fund’s stock after acquiring an additional 56,441 shares during the period. Vanguard Long-Term Corporate Bond ETF accounts for approximately 6.9% of LeConte Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. LeConte Wealth Management LLC owned approximately 0.13% of Vanguard Long-Term Corporate Bond ETF worth $10,284,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Gallagher Fiduciary Advisors LLC boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 19,539.6% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 59,297,124 shares of the exchange traded fund’s stock valued at $4,500,652,000 after purchasing an additional 58,995,198 shares in the last quarter. Citigroup Inc. boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 4,898.0% in the 2nd quarter. Citigroup Inc. now owns 1,356,114 shares of the exchange traded fund’s stock valued at $102,929,000 after buying an additional 1,328,981 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 111.7% in the 1st quarter. Jane Street Group LLC now owns 907,948 shares of the exchange traded fund’s stock valued at $68,922,000 after buying an additional 479,090 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 978.5% in the 1st quarter. Jones Financial Companies Lllp now owns 397,175 shares of the exchange traded fund’s stock valued at $30,150,000 after buying an additional 360,350 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 1st quarter valued at $19,807,000.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ:VCLT opened at $76.35 on Friday. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $70.61 and a 12 month high of $79.28. The company’s fifty day moving average price is $77.06 and its 200 day moving average price is $76.42.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were issued a $0.3402 dividend. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, December 1st. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

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.