Raymond James & Associates Trims Stock Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Raymond James & Associates decreased its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 0.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 182,533 shares of the exchange traded fund’s stock after selling 330 shares during the period. Raymond James & Associates’ holdings in Vanguard Long-Term Corporate Bond ETF were worth $14,827,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Francis Financial Inc. increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 433.0% during the 1st quarter. Francis Financial Inc. now owns 139,107 shares of the exchange traded fund’s stock worth $10,882,000 after purchasing an additional 113,007 shares during the last quarter. Refined Wealth Management lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 5.4% in the 1st quarter. Refined Wealth Management now owns 101,232 shares of the exchange traded fund’s stock worth $7,919,000 after acquiring an additional 5,215 shares during the last quarter. Marmo Financial Group LLC purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF during the 1st quarter worth approximately $3,389,000. SWAN Capital LLC raised its position in Vanguard Long-Term Corporate Bond ETF by 13.1% in the first quarter. SWAN Capital LLC now owns 143,813 shares of the exchange traded fund’s stock valued at $11,251,000 after purchasing an additional 16,683 shares during the period. Finally, Private Advisor Group LLC lifted its stake in Vanguard Long-Term Corporate Bond ETF by 108.1% during the first quarter. Private Advisor Group LLC now owns 10,118 shares of the exchange traded fund’s stock worth $792,000 after purchasing an additional 5,257 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

VCLT opened at $77.47 on Friday. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $68.10 and a 52 week high of $82.63. The business has a fifty day simple moving average of $80.21 and a 200-day simple moving average of $77.76.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.3255 dividend. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32. The ex-dividend date of this dividend was Tuesday, September 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.