Checchi Capital Advisers LLC Sells 136,500 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Checchi Capital Advisers LLC cut its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 82.9% in the second quarter, HoldingsChannel.com reports. The fund owned 28,080 shares of the exchange traded fund’s stock after selling 136,500 shares during the period. Checchi Capital Advisers LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,131,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Prudential PLC increased its stake in shares of Vanguard Long-Term Corporate Bond ETF by 0.9% in the 1st quarter. Prudential PLC now owns 84,644,539 shares of the exchange traded fund’s stock valued at $6,425,367,000 after acquiring an additional 785,860 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Vanguard Long-Term Corporate Bond ETF by 2.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,216,684 shares of the exchange traded fund’s stock valued at $168,268,000 after purchasing an additional 49,401 shares in the last quarter. Angeles Investment Advisors LLC increased its stake in Vanguard Long-Term Corporate Bond ETF by 12.7% in the first quarter. Angeles Investment Advisors LLC now owns 1,606,000 shares of the exchange traded fund’s stock valued at $121,911,000 after purchasing an additional 181,000 shares in the last quarter. Jane Street Group LLC increased its stake in Vanguard Long-Term Corporate Bond ETF by 111.7% in the first quarter. Jane Street Group LLC now owns 907,948 shares of the exchange traded fund’s stock valued at $68,922,000 after purchasing an additional 479,090 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 28.0% in the 1st quarter. LPL Financial LLC now owns 792,397 shares of the exchange traded fund’s stock valued at $60,151,000 after buying an additional 173,430 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

VCLT opened at $77.77 on Friday. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $70.61 and a 12 month high of $80.22. The company has a fifty day simple moving average of $76.59 and a 200 day simple moving average of $75.04.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a $0.3292 dividend. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Wednesday, October 1st.

Vanguard Long-Term Corporate Bond ETF Company 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.