MMA Asset Management LLC Trims Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

MMA Asset Management LLC reduced its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 58.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,676 shares of the exchange traded fund’s stock after selling 87,002 shares during the quarter. Vanguard Long-Term Corporate Bond ETF accounts for about 2.0% of MMA Asset Management LLC’s investment portfolio, making the stock its 13th largest holding. MMA Asset Management LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $4,687,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VCLT. Flagstar Advisors Inc. lifted its stake in Vanguard Long-Term Corporate Bond ETF by 2.0% during the fourth quarter. Flagstar Advisors Inc. now owns 7,311 shares of the exchange traded fund’s stock worth $547,000 after purchasing an additional 143 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its stake in Vanguard Long-Term Corporate Bond ETF by 0.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 19,753 shares of the exchange traded fund’s stock worth $1,477,000 after purchasing an additional 159 shares during the last quarter. PSI Advisors LLC lifted its stake in Vanguard Long-Term Corporate Bond ETF by 37.1% during the fourth quarter. PSI Advisors LLC now owns 599 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 162 shares during the last quarter. Blue Trust Inc. lifted its stake in Vanguard Long-Term Corporate Bond ETF by 0.6% during the fourth quarter. Blue Trust Inc. now owns 28,069 shares of the exchange traded fund’s stock worth $2,280,000 after purchasing an additional 171 shares during the last quarter. Finally, Mutual Advisors LLC lifted its stake in 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 during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT opened at $77.31 on Friday. The business’s fifty day moving average price is $75.16 and its 200 day moving average price is $77.67. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $72.86 and a 12-month high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

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

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.