Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Shares Sold by Echo Wealth Management LLC

Echo Wealth Management LLC cut its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 1.3% in the fourth quarter, HoldingsChannel reports. The fund owned 36,385 shares of the exchange traded fund’s stock after selling 490 shares during the period. Vanguard Long-Term Corporate Bond ETF accounts for approximately 1.9% of Echo Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding. Echo Wealth Management LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,721,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC boosted its position in Vanguard Long-Term Corporate Bond ETF by 255,209.3% during the third quarter. International Assets Investment Management LLC now owns 661,251 shares of the exchange traded fund’s stock worth $53,713,000 after purchasing an additional 660,992 shares in the last quarter. Assetmark Inc. lifted its position in shares of 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 buying an additional 461,290 shares in the last quarter. Angeles Investment Advisors LLC grew its stake in Vanguard Long-Term Corporate Bond ETF by 40.8% in 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. Sanctuary Advisors LLC increased its holdings in Vanguard Long-Term Corporate Bond ETF by 206.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 432,910 shares of the exchange traded fund’s stock worth $33,209,000 after acquiring an additional 291,646 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its position in Vanguard Long-Term Corporate Bond ETF by 1,479.4% during the third quarter. Benjamin Edwards Inc. now owns 291,122 shares of the exchange traded fund’s stock worth $23,648,000 after acquiring an additional 272,690 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.3 %

VCLT opened at $74.97 on Friday. The firm’s fifty day simple moving average is $76.07 and its two-hundred day simple moving average is $77.98. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $72.86 and a 52-week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a $0.3563 dividend. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.34. The ex-dividend date was Tuesday, December 24th.

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.