27,546 Shares in Vanguard Long-Term Corporate Bond ETF $VCLT Acquired by Arax Advisory Partners

Arax Advisory Partners purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 27,546 shares of the exchange traded fund’s stock, valued at approximately $2,089,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Friedenthal Financial lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 51.5% during the 4th quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 159 shares during the last quarter. S. R. Schill & Associates lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 1.2% during the 3rd quarter. S. R. Schill & Associates now owns 17,594 shares of the exchange traded fund’s stock worth $1,366,000 after acquiring an additional 207 shares during the last quarter. Mutual Advisors LLC raised its position in Vanguard Long-Term Corporate Bond ETF by 2.9% during the 4th quarter. Mutual Advisors LLC now owns 7,612 shares of the exchange traded fund’s stock valued at $577,000 after purchasing an additional 214 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 3.4% in the 4th quarter. Merit Financial Group LLC now owns 7,495 shares of the exchange traded fund’s stock worth $568,000 after buying an additional 247 shares during the period. Finally, First Heartland Consultants Inc. lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 5.3% in the 4th quarter. First Heartland Consultants Inc. now owns 5,321 shares of the exchange traded fund’s stock worth $404,000 after buying an additional 268 shares during the period.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.1%

Shares of VCLT stock opened at $75.15 on Tuesday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.92 and a twelve month high of $79.28. The stock has a fifty day simple moving average of $74.89 and a two-hundred day simple moving average of $75.69.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.3551 per share. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33. The ex-dividend date was Monday, June 1st.

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.