Vanguard Long-Term Corporate Bond ETF $VCLT Stock Holdings Lessened by Marmo Financial Group LLC

Marmo Financial Group LLC lessened its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 18.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 104,237 shares of the exchange traded fund’s stock after selling 23,674 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up about 3.9% of Marmo Financial Group LLC’s portfolio, making the stock its 7th biggest holding. Marmo Financial Group LLC owned 0.10% of Vanguard Long-Term Corporate Bond ETF worth $8,094,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Gallagher Fiduciary Advisors LLC grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 19,539.6% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 59,297,124 shares of the exchange traded fund’s stock valued at $4,500,652,000 after purchasing an additional 58,995,198 shares during the period. State of Tennessee Department of Treasury boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 3.9% in the 2nd quarter. State of Tennessee Department of Treasury now owns 2,827,927 shares of the exchange traded fund’s stock worth $214,640,000 after buying an additional 107,304 shares during the last quarter. Bank of America Corp DE increased its stake in Vanguard Long-Term Corporate Bond ETF by 0.5% during the 2nd quarter. Bank of America Corp DE now owns 2,389,158 shares of the exchange traded fund’s stock worth $181,337,000 after buying an additional 11,002 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Vanguard Long-Term Corporate Bond ETF by 2.6% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,274,819 shares of the exchange traded fund’s stock worth $172,659,000 after buying an additional 58,135 shares in the last quarter. Finally, Citigroup Inc. raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 4,898.0% during the second quarter. Citigroup Inc. now owns 1,356,114 shares of the exchange traded fund’s stock valued at $102,929,000 after acquiring an additional 1,328,981 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.6%

Shares of NASDAQ:VCLT opened at $76.44 on Friday. The business’s 50 day moving average price is $76.54 and its 200-day moving average price is $76.54. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $70.61 and a 1 year high of $79.28.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were paid a dividend of $0.3402 per share. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 5.3%.

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. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.