Compass Ion Advisors LLC Makes New Investment in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Compass Ion Advisors LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,852 shares of the exchange traded fund’s stock, valued at approximately $719,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. NBC Securities Inc. boosted its stake in Vanguard Long-Term Corporate Bond ETF by 3.7% in the third quarter. NBC Securities Inc. now owns 4,950 shares of the exchange traded fund’s stock valued at $402,000 after acquiring an additional 177 shares during the period. Aptus Capital Advisors LLC boosted its position in Vanguard Long-Term Corporate Bond ETF by 73.5% during the 2nd quarter. Aptus Capital Advisors LLC now owns 484 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 205 shares during the period. Thrivent Financial for Lutherans boosted its position in Vanguard Long-Term Corporate Bond ETF by 1.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 17,404 shares of the exchange traded fund’s stock valued at $1,320,000 after purchasing an additional 217 shares during the period. Rooted Wealth Advisors Inc. grew its stake in Vanguard Long-Term Corporate Bond ETF by 5.9% during the 2nd quarter. Rooted Wealth Advisors Inc. now owns 4,144 shares of the exchange traded fund’s stock worth $321,000 after buying an additional 231 shares during the last quarter. Finally, Sheets Smith Wealth Management lifted its stake in Vanguard Long-Term Corporate Bond ETF by 6.1% in the first quarter. Sheets Smith Wealth Management now owns 4,899 shares of the exchange traded fund’s stock valued at $383,000 after buying an additional 280 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT traded down $0.21 during mid-day trading on Friday, reaching $78.95. 3,320,637 shares of the company’s stock traded hands, compared to its average volume of 2,307,132. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $67.47 and a 12 month high of $82.63. The business’s 50-day moving average price is $80.37 and its 200-day moving average price is $77.72.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.3255 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32.

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.