Avantax Advisory Services Inc. Purchases 2,950 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Avantax Advisory Services Inc. grew its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 21.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,694 shares of the exchange traded fund’s stock after acquiring an additional 2,950 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Idaho Trust Bank purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at $317,000. GC Wealth Management RIA LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at about $343,000. King Luther Capital Management Corp lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 158.5% in the 4th quarter. King Luther Capital Management Corp now owns 48,718 shares of the exchange traded fund’s stock valued at $3,643,000 after acquiring an additional 29,868 shares during the last quarter. Ranch Capital Advisors Inc. grew its position in Vanguard Long-Term Corporate Bond ETF by 6.9% in the fourth quarter. Ranch Capital Advisors Inc. now owns 22,188 shares of the exchange traded fund’s stock worth $1,659,000 after acquiring an additional 1,432 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in Vanguard Long-Term Corporate Bond ETF by 318.4% during the fourth quarter. Daiwa Securities Group Inc. now owns 15,900 shares of the exchange traded fund’s stock worth $1,189,000 after acquiring an additional 12,100 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT stock opened at $76.03 on Wednesday. The stock’s 50 day simple moving average is $75.47 and its two-hundred day simple moving average is $77.32. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $72.86 and a 1 year high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.3032 per share. The ex-dividend date of this dividend was Monday, March 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.