Mechanics Bank Trust Department Sells 171,640 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Mechanics Bank Trust Department trimmed its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 93.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,285 shares of the exchange traded fund’s stock after selling 171,640 shares during the quarter. Mechanics Bank Trust Department’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $917,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VCLT. Perfromance Wealth Partners LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the third quarter worth approximately $621,000. Octavia Wealth Advisors LLC grew its holdings in Vanguard Long-Term Corporate Bond ETF by 4.5% in the 3rd quarter. Octavia Wealth Advisors LLC now owns 103,706 shares of the exchange traded fund’s stock valued at $8,424,000 after buying an additional 4,481 shares in the last quarter. Beaumont Financial Advisors LLC increased its position in Vanguard Long-Term Corporate Bond ETF by 29.7% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 5,752 shares of the exchange traded fund’s stock worth $467,000 after buying an additional 1,316 shares during the period. Financial Advisory Partners LLC lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 21.3% during the third quarter. Financial Advisory Partners LLC now owns 99,464 shares of the exchange traded fund’s stock worth $8,079,000 after buying an additional 17,491 shares in the last quarter. Finally, Brookstone Capital Management bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the third quarter valued at about $401,000.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.2 %

Shares of NASDAQ VCLT opened at $79.00 on Monday. The business has a fifty day moving average price of $80.23 and a two-hundred day moving average price of $77.66. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $67.47 and a fifty-two week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.3255 dividend. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.