Institute for Wealth Management LLC. Has $792,000 Stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Institute for Wealth Management LLC. grew its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 42.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 7,453 shares of the exchange traded fund’s stock after acquiring an additional 2,216 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $792,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in VCLT. Charles Schwab Trust Co lifted its position in Vanguard Long-Term Corporate Bond ETF by 4.7% during the 1st quarter. Charles Schwab Trust Co now owns 2,348 shares of the exchange traded fund’s stock worth $228,000 after buying an additional 105 shares in the last quarter. Independence Bank of Kentucky raised its position in Vanguard Long-Term Corporate Bond ETF by 3.0% in the first quarter. Independence Bank of Kentucky now owns 3,952 shares of the exchange traded fund’s stock worth $384,000 after acquiring an additional 115 shares during the period. Gould Asset Management LLC CA raised its position in Vanguard Long-Term Corporate Bond ETF by 0.6% in the first quarter. Gould Asset Management LLC CA now owns 22,953 shares of the exchange traded fund’s stock worth $2,229,000 after acquiring an additional 126 shares during the period. UBP Investment Advisors SA raised its position in Vanguard Long-Term Corporate Bond ETF by 0.5% in the first quarter. UBP Investment Advisors SA now owns 34,538 shares of the exchange traded fund’s stock worth $3,355,000 after acquiring an additional 169 shares during the period. Finally, Trust Co. of Virginia VA increased its stake in shares of Vanguard Long-Term Corporate Bond ETF by 0.6% in the first quarter. Trust Co. of Virginia VA now owns 32,811 shares of the exchange traded fund’s stock worth $3,187,000 after purchasing an additional 193 shares in the last quarter.

Shares of VCLT traded down $0.05 during trading hours on Friday, hitting $112.08. The company’s stock had a trading volume of 636,359 shares, compared to its average volume of 763,845. The business has a 50 day simple moving average of $108.02 and a two-hundred day simple moving average of $103.19. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $78.18 and a 52-week high of $112.50.

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Thursday, July 2nd were paid a $0.271 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $3.25 annualized dividend and a dividend yield of 2.90%.

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.

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Want to see what other hedge funds are holding VCLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT).

Institutional Ownership by Quarter for Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

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