HighTower Advisors LLC Buys 37,751 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

HighTower Advisors LLC raised its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 115.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 70,354 shares of the exchange traded fund’s stock after buying an additional 37,751 shares during the period. HighTower Advisors LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $5,716,000 as of its most recent SEC filing.

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

Vanguard Long-Term Corporate Bond ETF Stock Down 0.3 %

NASDAQ VCLT opened at $78.62 on Wednesday. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $73.21 and a 12-month high of $82.63. The company has a fifty day simple moving average of $78.20 and a two-hundred day simple moving average of $78.35.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.3375 dividend. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33. The ex-dividend date was Friday, November 1st.

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.