Barings LLC Cuts Stock Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Barings LLC reduced its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 56.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,599 shares of the exchange traded fund’s stock after selling 93,513 shares during the quarter. Barings LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $5,429,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at about $162,069,000. Raymond James Financial Inc. purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at about $49,200,000. Assetmark Inc. boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 62.5% during the 3rd quarter. Assetmark Inc. now owns 1,199,131 shares of the exchange traded fund’s stock valued at $97,405,000 after acquiring an additional 461,290 shares during the period. Angeles Investment Advisors LLC boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 40.8% during the 3rd quarter. Angeles Investment Advisors LLC now owns 1,425,000 shares of the exchange traded fund’s stock valued at $115,753,000 after acquiring an additional 413,000 shares during the period. Finally, Sanctuary Advisors LLC boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 206.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 432,910 shares of the exchange traded fund’s stock valued at $33,209,000 after acquiring an additional 291,646 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT stock opened at $75.96 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 business has a 50-day moving average of $75.31 and a 200 day moving average of $77.56.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.3032 dividend. The ex-dividend date of this dividend was Monday, March 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.