HighTower Advisors LLC Has $1.76 Million Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

HighTower Advisors LLC trimmed its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 66.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,551 shares of the exchange traded fund’s stock after selling 46,803 shares during the period. HighTower Advisors LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,761,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. GC Wealth Management RIA LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at $343,000. King Luther Capital Management Corp increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 158.5% in the fourth quarter. King Luther Capital Management Corp now owns 48,718 shares of the exchange traded fund’s stock valued at $3,643,000 after purchasing an additional 29,868 shares during the last quarter. Ranch Capital Advisors Inc. increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 6.9% in the fourth quarter. Ranch Capital Advisors Inc. now owns 22,188 shares of the exchange traded fund’s stock valued at $1,659,000 after purchasing an additional 1,432 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 318.4% in the fourth quarter. Daiwa Securities Group Inc. now owns 15,900 shares of the exchange traded fund’s stock valued at $1,189,000 after purchasing an additional 12,100 shares during the last quarter. Finally, United Community Bank increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 444.4% in the fourth quarter. United Community Bank now owns 637 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 520 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.3 %

NASDAQ:VCLT opened at $76.17 on Monday. Vanguard Long-Term Corporate Bond ETF has a one year low of $72.86 and a one year high of $82.63. The firm’s fifty day moving average price is $75.63 and its two-hundred day moving average price is $77.25.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.3032 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.