Advisory Alpha LLC Acquires 16,970 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Advisory Alpha LLC boosted its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 3.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 520,521 shares of the exchange traded fund’s stock after purchasing an additional 16,970 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up approximately 1.1% of Advisory Alpha LLC’s portfolio, making the stock its 20th largest holding. Advisory Alpha LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $40,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Gallagher Fiduciary Advisors LLC lifted its holdings in shares of 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 worth $4,500,652,000 after buying an additional 58,995,198 shares in the last quarter. Country Trust Bank bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at $150,058,000. Citigroup Inc. lifted its stake in 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 worth $102,929,000 after purchasing an additional 1,328,981 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 342.9% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 1,214,290 shares of the exchange traded fund’s stock valued at $94,290,000 after purchasing an additional 940,100 shares during the last quarter. Finally, Greenleaf Trust bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the 3rd quarter valued at about $18,384,000.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.1%

Shares of VCLT stock opened at $76.60 on Thursday. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $70.61 and a 12-month high of $79.28. The stock’s 50-day moving average price is $76.55 and its 200-day moving average price is $76.92.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.3181 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.0%.

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.