Narwhal Capital Management Purchases Shares of 2,684 Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Narwhal Capital Management acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,684 shares of the exchange traded fund’s stock, valued at approximately $218,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Prudential PLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 139.6% in the second quarter. Prudential PLC now owns 35,808,945 shares of the exchange traded fund’s stock worth $2,716,467,000 after buying an additional 20,861,365 shares in the last quarter. Johns Hopkins University raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 1.0% during the 2nd quarter. Johns Hopkins University now owns 5,290,374 shares of the exchange traded fund’s stock worth $401,328,000 after acquiring an additional 53,555 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 7.8% during the 1st quarter. Vanguard Group Inc. now owns 4,175,772 shares of the exchange traded fund’s stock valued at $326,671,000 after acquiring an additional 302,950 shares during the last quarter. Angeles Investment Advisors LLC grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 37.9% in the second quarter. Angeles Investment Advisors LLC now owns 1,012,000 shares of the exchange traded fund’s stock valued at $76,770,000 after purchasing an additional 278,000 shares in the last quarter. Finally, LPL Financial LLC increased its position in Vanguard Long-Term Corporate Bond ETF by 40.3% in the second quarter. LPL Financial LLC now owns 529,904 shares of the exchange traded fund’s stock worth $40,199,000 after purchasing an additional 152,204 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.1 %

Vanguard Long-Term Corporate Bond ETF stock opened at $77.78 on Wednesday. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $67.47 and a 52-week high of $82.63. The firm’s fifty day moving average is $80.34 and its 200 day moving average is $77.75.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3255 per share. This is a boost 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.