Marion Wealth Management Has $5.20 Million Stock Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Marion Wealth Management lifted its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 3.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 69,542 shares of the exchange traded fund’s stock after buying an additional 2,616 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up about 1.4% of Marion Wealth Management’s holdings, making the stock its 20th biggest holding. Marion Wealth Management’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $5,200,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of VCLT. International Assets Investment Management LLC grew its stake in Vanguard Long-Term Corporate Bond ETF by 255,209.3% during the third quarter. International Assets Investment Management LLC now owns 661,251 shares of the exchange traded fund’s stock worth $53,713,000 after buying an additional 660,992 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 62.5% in the 3rd quarter. Assetmark Inc. now owns 1,199,131 shares of the exchange traded fund’s stock worth $97,405,000 after acquiring an additional 461,290 shares in the last quarter. Angeles Investment Advisors LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 40.8% during 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 last quarter. Sanctuary Advisors LLC increased its holdings in Vanguard Long-Term Corporate Bond ETF by 206.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 432,910 shares of the exchange traded fund’s stock valued at $33,209,000 after purchasing an additional 291,646 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its position in Vanguard Long-Term Corporate Bond ETF by 1,479.4% in the 3rd quarter. Benjamin Edwards Inc. now owns 291,122 shares of the exchange traded fund’s stock valued at $23,648,000 after purchasing an additional 272,690 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

Vanguard Long-Term Corporate Bond ETF stock traded down $0.26 on Monday, reaching $73.11. The company’s stock had a trading volume of 1,798,500 shares, compared to its average volume of 2,271,043. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.96 and a twelve month high of $82.63. The business’s fifty day moving average price is $76.64 and its 200 day moving average price is $78.12.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.3563 per share. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.34.

Vanguard Long-Term Corporate Bond ETF 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.