Blue Trust Inc. Sells 3,288 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Blue Trust Inc. lowered its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 11.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 24,610 shares of the exchange traded fund’s stock after selling 3,288 shares during the period. Blue Trust Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,840,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VCLT. NBC Securities Inc. raised its position in Vanguard Long-Term Corporate Bond ETF by 3.7% during the 3rd quarter. NBC Securities Inc. now owns 4,950 shares of the exchange traded fund’s stock worth $402,000 after purchasing an additional 177 shares during the last quarter. Global Retirement Partners LLC increased its stake in shares of Vanguard Long-Term Corporate Bond ETF by 185.1% in the third quarter. Global Retirement Partners LLC now owns 9,363 shares of the exchange traded fund’s stock valued at $761,000 after buying an additional 6,079 shares during the period. Compass Ion Advisors LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the third quarter worth about $719,000. Echo Wealth Management LLC lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 7.4% in the third quarter. Echo Wealth Management LLC now owns 36,875 shares of the exchange traded fund’s stock worth $2,926,000 after acquiring an additional 2,555 shares during the period. Finally, Sightline Wealth Advisors LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF in the third quarter valued at approximately $3,060,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Vanguard Long-Term Corporate Bond ETF stock opened at $75.86 on Friday. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $72.86 and a 52-week high of $82.63. The firm has a 50 day moving average price of $75.30 and a two-hundred day moving average price of $77.81.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.3447 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.