Moran Wealth Management LLC Has $2.96 Million Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Moran Wealth Management LLC cut its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 2.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 36,450 shares of the exchange traded fund’s stock after selling 841 shares during the quarter. Moran Wealth Management LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,961,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. PSI Advisors LLC increased its holdings in Vanguard Long-Term Corporate Bond ETF by 71.4% during the 3rd quarter. PSI Advisors LLC now owns 437 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 182 shares in the last quarter. Aptus Capital Advisors LLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 73.5% in the 2nd quarter. Aptus Capital Advisors LLC now owns 484 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 205 shares during the last quarter. Semmax Financial Advisors Inc. acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the second quarter worth $38,000. SouthState Corp bought a new stake in Vanguard Long-Term Corporate Bond ETF in the second quarter valued at about $37,000. Finally, GAMMA Investing LLC lifted its stake in Vanguard Long-Term Corporate Bond ETF by 8,116.7% in the third quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 487 shares during the period.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of VCLT stock opened at $76.60 on Friday. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $73.21 and a 12-month high of $82.63. The firm has a fifty day moving average of $79.09 and a 200-day moving average of $78.10.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.3375 per share. 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.

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.