Cornerstone National Bank & Trust Co Sells 27,674 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Cornerstone National Bank & Trust Co decreased its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 78.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,468 shares of the exchange traded fund’s stock after selling 27,674 shares during the period. Cornerstone National Bank & Trust Co’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $511,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ocean Park Asset Management LLC bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 2nd quarter valued at about $39,085,000. PNC Financial Services Group Inc. raised its holdings in Vanguard Long-Term Corporate Bond ETF by 296.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 681,612 shares of the exchange traded fund’s stock worth $50,930,000 after purchasing an additional 509,611 shares during the period. Royal Bank of Canada grew its holdings in Vanguard Long-Term Corporate Bond ETF by 33.3% during the first quarter. Royal Bank of Canada now owns 852,628 shares of the exchange traded fund’s stock valued at $63,708,000 after purchasing an additional 212,997 shares during the period. Castleark Management LLC raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 89.6% in the first quarter. Castleark Management LLC now owns 448,330 shares of the exchange traded fund’s stock worth $33,499,000 after buying an additional 211,880 shares during the period. Finally, Venture Visionary Partners LLC purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF during the 3rd quarter valued at about $13,186,000.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ VCLT traded up $0.28 on Tuesday, reaching $69.56. 3,614,657 shares of the stock were exchanged, compared to its average volume of 5,546,667. Vanguard Long-Term Corporate Bond ETF has a one year low of $67.56 and a one year high of $79.28. The company’s 50-day simple moving average is $70.64 and its two-hundred day simple moving average is $73.06.

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.