Vanguard Long-Term Corporate Bond ETF $VCLT Shares Acquired by GDS Wealth Management

GDS Wealth Management boosted its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 13.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 742,405 shares of the exchange traded fund’s stock after buying an additional 85,826 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up about 3.5% of GDS Wealth Management’s holdings, making the stock its 3rd biggest position. GDS Wealth Management owned about 0.74% of Vanguard Long-Term Corporate Bond ETF worth $56,311,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VCLT. Robertson Stephens Wealth Management LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 28,203 shares of the exchange traded fund’s stock worth $2,139,000 after acquiring an additional 491 shares during the last quarter. Mutual Advisors LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 2.9% in the fourth quarter. Mutual Advisors LLC now owns 7,612 shares of the exchange traded fund’s stock worth $577,000 after acquiring an additional 214 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 4.9% in the fourth quarter. Wealthfront Advisers LLC now owns 25,572 shares of the exchange traded fund’s stock worth $1,940,000 after acquiring an additional 1,202 shares during the last quarter. Comerica Bank raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 8.2% in the fourth quarter. Comerica Bank now owns 54,877 shares of the exchange traded fund’s stock worth $4,162,000 after acquiring an additional 4,153 shares during the last quarter. Finally, D.A. Davidson & CO. increased its position in Vanguard Long-Term Corporate Bond ETF by 15.7% during the 4th quarter. D.A. Davidson & CO. now owns 7,246 shares of the exchange traded fund’s stock worth $550,000 after purchasing an additional 985 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.1%

Vanguard Long-Term Corporate Bond ETF stock opened at $74.51 on Friday. The stock has a 50-day moving average price of $75.32 and a 200 day moving average price of $76.33. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $71.52 and a 52 week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 5th. Investors of record on Friday, May 1st will be given a dividend of $0.3274 per share. The ex-dividend date is Friday, May 1st.

Vanguard Long-Term Corporate Bond ETF Company 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.