Cornerstone National Bank & Trust Co Sells 27,674 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Cornerstone National Bank & Trust Co cut its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 78.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,468 shares of the exchange traded fund’s stock after selling 27,674 shares during the quarter. Cornerstone National Bank & Trust Co’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $511,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VCLT. Atomic Invest LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the second quarter valued at about $25,000. Western Wealth Management LLC acquired a new stake in Vanguard Long-Term Corporate Bond ETF in the first quarter worth about $34,000. Eastern Bank purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at approximately $37,000. SHP Wealth Management purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth $119,000. Finally, IFP Advisors Inc increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 27.0% in the 3rd quarter. IFP Advisors Inc now owns 1,815 shares of the exchange traded fund’s stock valued at $124,000 after acquiring an additional 386 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT traded up $0.28 during trading hours on Tuesday, hitting $69.56. The stock had a trading volume of 3,614,657 shares, compared to its average volume of 5,546,667. The firm has a 50-day moving average price of $70.64 and a 200 day moving average price of $73.06. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $67.56 and a fifty-two week high of $79.28.

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.