Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 41.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 342,775 shares of the exchange traded fund’s stock after selling 247,629 shares during the quarter. JPMorgan Chase & Co.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $27,844,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. PSI Advisors LLC increased its stake in Vanguard Long-Term Corporate Bond ETF by 71.4% in 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 in the last quarter. Semmax Financial Advisors Inc. acquired a new stake in Vanguard Long-Term Corporate Bond ETF in the second quarter valued at $38,000. GAMMA Investing LLC increased its position in shares of 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 buying an additional 487 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 507.1% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,196 shares of the exchange traded fund’s stock worth $97,000 after buying an additional 999 shares during the last quarter. Finally, WestEnd Advisors LLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 27.6% in the 3rd quarter. WestEnd Advisors LLC now owns 1,499 shares of the exchange traded fund’s stock worth $122,000 after buying an additional 324 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCLT opened at $73.67 on Wednesday. The company’s 50-day moving average price is $76.92 and its 200 day moving average price is $78.22. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $73.21 and a 52 week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

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

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.