Belpointe Asset Management LLC Buys 6,564 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Belpointe Asset Management LLC grew its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 26.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,205 shares of the exchange traded fund’s stock after purchasing an additional 6,564 shares during the period. Belpointe Asset Management LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,477,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VCLT. PSI Advisors LLC grew its stake in shares of 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 valued at $45,000 after buying an additional 162 shares during the last quarter. United Community Bank grew its position in Vanguard Long-Term Corporate Bond ETF by 444.4% in the 4th quarter. United Community Bank now owns 637 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 520 shares during the last quarter. Mainstream Capital Management LLC purchased a new stake in Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth $52,000. Principal Securities Inc. lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 28.2% during the fourth quarter. Principal Securities Inc. now owns 1,913 shares of the exchange traded fund’s stock worth $143,000 after purchasing an additional 421 shares during the last quarter. Finally, BTG Pactual Asset Management US LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at $153,000.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.7 %

VCLT stock opened at $72.92 on Tuesday. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $70.61 and a 12 month high of $82.63. The firm’s 50-day moving average is $75.50 and its 200 day moving average is $76.41.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.3544 dividend. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.83%.

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.