Park Avenue Securities LLC Buys New Shares in Vanguard Long-Term Corporate Bond ETF $VCLT

Park Avenue Securities LLC purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,760 shares of the exchange traded fund’s stock, valued at approximately $758,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Greenleaf Trust bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at about $18,384,000. Geneos Wealth Management Inc. increased its position 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 during the last quarter. Nottingham Advisors Inc. raised its stake in Vanguard Long-Term Corporate Bond ETF by 59.0% in the third quarter. Nottingham Advisors Inc. now owns 29,553 shares of the exchange traded fund’s stock valued at $2,295,000 after buying an additional 10,971 shares during the period. Hennion & Walsh Asset Management Inc. lifted its position in shares of 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 during the last quarter. Finally, D.A. Davidson & CO. boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 14.0% during the 3rd quarter. D.A. Davidson & CO. now owns 6,261 shares of the exchange traded fund’s stock worth $486,000 after acquiring an additional 768 shares during the period.

Vanguard Long-Term Corporate Bond ETF Price Performance

VCLT stock opened at $76.86 on Thursday. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $70.61 and a 1-year high of $79.28. The business’s 50 day simple moving average is $76.54 and its 200 day simple moving average is $76.57.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

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

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. 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.