Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sets New 52-Week Low – Should You Sell?

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)’s stock price hit a new 52-week low on Friday . The stock traded as low as $73.13 and last traded at $73.43, with a volume of 131680 shares changing hands. The stock had previously closed at $73.85.

Vanguard Long-Term Corporate Bond ETF Price Performance

The stock’s 50-day simple moving average is $76.70 and its two-hundred day simple moving average is $78.13.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.3563 per share. The ex-dividend date was Tuesday, December 24th. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.34.

Institutional Trading of Vanguard Long-Term Corporate Bond ETF

Institutional investors have recently made changes to their positions in the business. PSI Advisors LLC grew its holdings in Vanguard Long-Term Corporate Bond ETF by 71.4% during the 3rd quarter. PSI Advisors LLC now owns 437 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 182 shares during the last quarter. Semmax Financial Advisors Inc. purchased a new position in Vanguard Long-Term Corporate Bond ETF during the second quarter worth approximately $38,000. GAMMA Investing LLC grew its holdings in Vanguard Long-Term Corporate Bond ETF by 8,116.7% in the third quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 487 shares during the period. Glass Jacobson Investment Advisors llc increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 507.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,196 shares of the exchange traded fund’s stock valued at $97,000 after buying an additional 999 shares in the last quarter. Finally, WestEnd Advisors LLC raised its position in Vanguard Long-Term Corporate Bond ETF by 27.6% during the third quarter. WestEnd Advisors LLC now owns 1,499 shares of the exchange traded fund’s stock worth $122,000 after acquiring an additional 324 shares during the period.

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.