Marmo Financial Group LLC Grows Stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Marmo Financial Group LLC increased its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,926 shares of the exchange traded fund’s stock after purchasing an additional 1,543 shares during the period. Vanguard Long-Term Corporate Bond ETF makes up 2.6% of Marmo Financial Group LLC’s investment portfolio, making the stock its 10th biggest holding. Marmo Financial Group LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $4,780,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Brookstone Capital Management boosted its stake in Vanguard Long-Term Corporate Bond ETF by 39.2% during the 4th quarter. Brookstone Capital Management now owns 6,865 shares of the exchange traded fund’s stock valued at $513,000 after purchasing an additional 1,933 shares during the period. GAMMA Investing LLC grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 8,116.7% in the third quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 487 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Vanguard Long-Term Corporate Bond ETF by 40.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,231 shares of the exchange traded fund’s stock worth $344,000 after acquiring an additional 1,218 shares during the period. HighTower Advisors LLC raised its stake in Vanguard Long-Term Corporate Bond ETF by 115.8% during the 3rd quarter. HighTower Advisors LLC now owns 70,354 shares of the exchange traded fund’s stock valued at $5,716,000 after purchasing an additional 37,751 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 28.6% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 3,908 shares of the exchange traded fund’s stock valued at $292,000 after purchasing an additional 870 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ:VCLT opened at $75.09 on Friday. The firm’s 50-day moving average is $75.97 and its 200-day moving average is $77.93. 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 declared a dividend, which was paid on Friday, December 27th. Shareholders 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.

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.