Absolute Capital Management LLC Grows Stock Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Absolute Capital Management LLC raised its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,029 shares of the exchange traded fund’s stock after purchasing an additional 350 shares during the period. Vanguard Long-Term Corporate Bond ETF makes up approximately 1.2% of Absolute Capital Management LLC’s holdings, making the stock its 25th largest holding. Absolute Capital Management LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,096,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. 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 stake in shares of Vanguard Long-Term Corporate Bond ETF by 444.4% during the fourth quarter. United Community Bank now owns 637 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 520 shares during the last quarter. Mainstream Capital Management LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at about $52,000. Glass Jacobson Investment Advisors llc grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 507.1% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,196 shares of the exchange traded fund’s stock valued at $97,000 after buying an additional 999 shares during the last quarter. Finally, Principal Securities Inc. grew its stake 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 valued at $143,000 after buying an additional 421 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.3 %

Shares of NASDAQ:VCLT opened at $76.41 on Friday. The stock’s 50-day moving average price is $75.58 and its 200-day moving average price is $77.31. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $72.86 and a 12-month high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.3032 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About Vanguard Long-Term Corporate Bond ETF

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.