Exchange Traded Concepts LLC Decreases Holdings in Vanguard Long-Term Corporate Bond ETF $VCLT

Exchange Traded Concepts LLC trimmed its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 41.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 181,763 shares of the exchange traded fund’s stock after selling 130,125 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $13,787,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of VCLT. Guggenheim Capital LLC boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 37.9% in the second quarter. Guggenheim Capital LLC now owns 121,048 shares of the exchange traded fund’s stock worth $9,188,000 after acquiring an additional 33,274 shares in the last quarter. 1832 Asset Management L.P. grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 5.3% during the second quarter. 1832 Asset Management L.P. now owns 357,866 shares of the exchange traded fund’s stock worth $27,162,000 after acquiring an additional 17,875 shares during the last quarter. Alesco Advisors LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the third quarter worth about $2,384,000. LeConte Wealth Management LLC increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 74.3% during the third quarter. LeConte Wealth Management LLC now owns 132,437 shares of the exchange traded fund’s stock valued at $10,284,000 after acquiring an additional 56,441 shares in the last quarter. Finally, Mechanics Bank Trust Department increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 73.6% during the third quarter. Mechanics Bank Trust Department now owns 44,558 shares of the exchange traded fund’s stock valued at $3,460,000 after acquiring an additional 18,898 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.6%

VCLT stock opened at $73.43 on Friday. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $70.61 and a 52 week high of $79.28. The firm has a 50 day moving average of $76.00 and a 200 day moving average of $76.76.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.3181 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.