Echo Wealth Management LLC Lowers Stock Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Echo Wealth Management LLC lessened its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 1.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 36,385 shares of the exchange traded fund’s stock after selling 490 shares during the period. Vanguard Long-Term Corporate Bond ETF accounts for approximately 1.9% of Echo Wealth Management LLC’s holdings, making the stock its 15th biggest position. Echo Wealth Management LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,721,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Thrivent Financial for Lutherans lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 1.3% in the second quarter. Thrivent Financial for Lutherans now owns 17,404 shares of the exchange traded fund’s stock worth $1,320,000 after buying an additional 217 shares in the last quarter. Buck Wealth Strategies LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the 2nd quarter valued at about $1,190,000. B. Riley Wealth Advisors Inc. grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 23.6% during the second quarter. B. Riley Wealth Advisors Inc. now owns 48,907 shares of the exchange traded fund’s stock valued at $3,710,000 after purchasing an additional 9,329 shares in the last quarter. Truist Financial Corp increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 14.9% in the second quarter. Truist Financial Corp now owns 172,597 shares of the exchange traded fund’s stock worth $13,093,000 after purchasing an additional 22,320 shares during the last quarter. Finally, Advisory Alpha LLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 2.5% in the second quarter. Advisory Alpha LLC now owns 470,707 shares of the exchange traded fund’s stock worth $35,713,000 after buying an additional 11,387 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ VCLT opened at $74.97 on Friday. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $72.86 and a 1-year high of $82.63. The business has a 50 day simple moving average of $76.07 and a two-hundred day simple moving average of $77.98.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

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

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.