Palouse Capital Management Inc. Sells 468 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Palouse Capital Management Inc. trimmed its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,545 shares of the exchange traded fund’s stock after selling 468 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up about 2.4% of Palouse Capital Management Inc.’s investment portfolio, making the stock its 12th biggest position. Palouse Capital Management Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $3,555,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management grew its stake in Vanguard Long-Term Corporate Bond ETF by 39.2% during the fourth quarter. Brookstone Capital Management now owns 6,865 shares of the exchange traded fund’s stock worth $513,000 after buying an additional 1,933 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 9.2% during the fourth quarter. Mutual Advisors LLC now owns 3,348 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 282 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 40.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,231 shares of the exchange traded fund’s stock worth $344,000 after purchasing an additional 1,218 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 115.8% during the third quarter. HighTower Advisors LLC now owns 70,354 shares of the exchange traded fund’s stock worth $5,716,000 after purchasing an additional 37,751 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 28.6% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 3,908 shares of the exchange traded fund’s stock worth $292,000 after purchasing an additional 870 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.5 %

Shares of VCLT stock opened at $75.86 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 firm’s 50 day moving average is $75.30 and its 200-day moving average is $77.81.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.3447 per share. 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.