Econ Financial Services Corp Has $3.60 Million Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Econ Financial Services Corp raised its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 14.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,020 shares of the exchange traded fund’s stock after purchasing an additional 5,932 shares during the period. Vanguard Long-Term Corporate Bond ETF accounts for approximately 2.2% of Econ Financial Services Corp’s investment portfolio, making the stock its 11th biggest position. Econ Financial Services Corp’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $3,600,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Evolution Advisers Inc. acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at about $26,000. Tennessee Valley Asset Management Partners acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at about $36,000. Fortis Group Advisors LLC grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 532 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 266 shares in the last quarter. Capital Investment Advisory Services LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at about $64,000. Finally, Global Retirement Partners LLC lifted its position in Vanguard Long-Term Corporate Bond ETF by 116.8% during the fourth quarter. Global Retirement Partners LLC now owns 915 shares of the exchange traded fund’s stock worth $72,000 after purchasing an additional 493 shares during the period.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.3 %

VCLT traded up $0.23 on Monday, hitting $77.27. 1,985,965 shares of the stock were exchanged, compared to its average volume of 2,217,601. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $67.47 and a 12 month high of $81.11. The business has a 50-day moving average of $76.69 and a two-hundred day moving average of $76.80.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were given a dividend of $0.3243 per share. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32. The ex-dividend date was Monday, July 1st.

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.