Galvin Gaustad & Stein LLC Lowers Stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Galvin Gaustad & Stein LLC trimmed its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 0.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 25,191 shares of the exchange traded fund’s stock after selling 142 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,046,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. PSI Advisors LLC increased its position in Vanguard Long-Term Corporate Bond ETF by 71.4% in the 3rd quarter. PSI Advisors LLC now owns 437 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 182 shares during the period. Aptus Capital Advisors LLC grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 73.5% in the 2nd quarter. Aptus Capital Advisors LLC now owns 484 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 205 shares during the last quarter. SouthState Corp acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the second quarter valued at approximately $37,000. Semmax Financial Advisors Inc. purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the second quarter worth approximately $38,000. Finally, GAMMA Investing LLC raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 8,116.7% during the third quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 487 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.8 %

NASDAQ:VCLT opened at $78.36 on Friday. The firm’s fifty day moving average price is $79.66 and its 200 day moving average price is $77.93. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $70.64 and a 1-year high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3375 per share. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33. The ex-dividend date of this dividend was Friday, November 1st.

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.