Davidson Capital Management Inc. Invests $10.50 Million in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Davidson Capital Management Inc. bought a new stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 140,386 shares of the exchange traded fund’s stock, valued at approximately $10,498,000. Vanguard Long-Term Corporate Bond ETF comprises 2.8% of Davidson Capital Management Inc.’s holdings, making the stock its 6th biggest holding. Davidson Capital Management Inc. owned approximately 0.08% of Vanguard Long-Term Corporate Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Robertson Stephens Wealth Management LLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 0.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 19,753 shares of the exchange traded fund’s stock valued at $1,477,000 after acquiring an additional 159 shares during the period. PSI Advisors LLC raised its stake in Vanguard Long-Term Corporate Bond ETF by 37.1% during the 4th quarter. PSI Advisors LLC now owns 599 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 162 shares during the last quarter. Blue Trust Inc. boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 0.6% in the 4th quarter. Blue Trust Inc. now owns 28,069 shares of the exchange traded fund’s stock valued at $2,280,000 after purchasing an additional 171 shares during the period. NBC Securities Inc. grew its position in Vanguard Long-Term Corporate Bond ETF by 3.7% in the 3rd quarter. NBC Securities Inc. now owns 4,950 shares of the exchange traded fund’s stock worth $402,000 after purchasing an additional 177 shares during the last quarter. Finally, 4Thought Financial Group Inc. increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 0.5% during the 3rd quarter. 4Thought Financial Group Inc. now owns 45,414 shares of the exchange traded fund’s stock worth $3,689,000 after purchasing an additional 214 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.4 %

Shares of VCLT opened at $75.18 on Wednesday. The company has a 50-day simple moving average of $75.59 and a 200-day simple moving average of $77.86. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $72.86 and a 52 week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.3447 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.