Cassaday & Co Wealth Management LLC Takes $210,000 Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Cassaday & Co Wealth Management LLC purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,584 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Prudential PLC raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 139.6% during the second quarter. Prudential PLC now owns 35,808,945 shares of the exchange traded fund’s stock worth $2,716,467,000 after purchasing an additional 20,861,365 shares during the last quarter. International Assets Investment Management LLC increased its stake in Vanguard Long-Term Corporate Bond ETF by 255,209.3% in the 3rd quarter. International Assets Investment Management LLC now owns 661,251 shares of the exchange traded fund’s stock valued at $53,713,000 after buying an additional 660,992 shares during the period. Assetmark Inc. raised its position in Vanguard Long-Term Corporate Bond ETF by 62.5% during the 3rd quarter. Assetmark Inc. now owns 1,199,131 shares of the exchange traded fund’s stock worth $97,405,000 after buying an additional 461,290 shares during the last quarter. Angeles Investment Advisors LLC lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 40.8% in the 3rd quarter. Angeles Investment Advisors LLC now owns 1,425,000 shares of the exchange traded fund’s stock worth $115,753,000 after acquiring an additional 413,000 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 7.8% in the first 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 in the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ VCLT opened at $76.75 on Tuesday. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $73.21 and a 52-week high of $82.63. The firm has a 50-day moving average price of $79.35 and a 200 day moving average price of $78.08.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.3375 dividend. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33. The ex-dividend date of this dividend was Friday, November 1st.

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.