Asset Allocation & Management Company LLC Has $986,000 Stock Holdings in Vanguard Long-Term Corporate Bond ETF $VCLT

Asset Allocation & Management Company LLC raised its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 121.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,195 shares of the exchange traded fund’s stock after buying an additional 7,240 shares during the period. Asset Allocation & Management Company LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $986,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in VCLT. Friedenthal Financial increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 51.5% during the fourth quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 159 shares in the last quarter. Jessup Wealth Management Inc bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at $36,000. Entrust Financial LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at $40,000. Qube Research & Technologies Ltd acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 3rd quarter valued at $65,000. Finally, US Bancorp DE boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 1,700.0% during the 3rd quarter. US Bancorp DE now owns 846 shares of the exchange traded fund’s stock valued at $66,000 after acquiring an additional 799 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT stock opened at $75.40 on Friday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.92 and a twelve month high of $79.28. The stock’s fifty day simple moving average is $74.92 and its 200 day simple moving average is $75.64.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.3551 dividend. This is a boost 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 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.