Saba Capital Management L.P. Takes $7.47 Million Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Saba Capital Management L.P. acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the 1st quarter, Holdings Channel.com reports. The fund acquired 100,000 shares of the exchange traded fund’s stock, valued at approximately $7,472,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Antonelli Financial Advisors LLC lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 10.2% in the fourth quarter. Antonelli Financial Advisors LLC now owns 92,056 shares of the exchange traded fund’s stock valued at $6,982,000 after purchasing an additional 8,519 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter worth about $5,220,000. Nottingham Advisors Inc. raised its position in Vanguard Long-Term Corporate Bond ETF by 39.2% in the 1st quarter. Nottingham Advisors Inc. now owns 56,786 shares of the exchange traded fund’s stock valued at $4,243,000 after buying an additional 16,000 shares during the last quarter. Revisor Wealth Management LLC raised its position in Vanguard Long-Term Corporate Bond ETF by 7.6% in the 4th quarter. Revisor Wealth Management LLC now owns 135,381 shares of the exchange traded fund’s stock valued at $10,371,000 after buying an additional 9,508 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Long-Term Corporate Bond ETF by 216.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 84,569 shares of the exchange traded fund’s stock valued at $6,415,000 after acquiring an additional 57,821 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.4%

NASDAQ:VCLT opened at $72.48 on Tuesday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.08 and a twelve month high of $79.28. The business has a 50 day moving average price of $74.41 and a two-hundred day moving average price of $75.22.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a $0.3422 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.