NewSquare Capital LLC Buys New Shares in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

NewSquare Capital LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 58,816 shares of the exchange traded fund’s stock, valued at approximately $4,398,000.

A number of other hedge funds and other institutional investors have also modified their holdings of VCLT. Wealth Enhancement Advisory Services LLC increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 40.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,231 shares of the exchange traded fund’s stock valued at $344,000 after acquiring an additional 1,218 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 40.1% in the third quarter. Janney Montgomery Scott LLC now owns 117,267 shares of the exchange traded fund’s stock valued at $9,526,000 after acquiring an additional 33,579 shares during the last quarter. Hanlon Investment Management Inc. acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the third quarter valued at about $475,000. Principal Financial Group Inc. increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 1.9% in the third quarter. Principal Financial Group Inc. now owns 217,819 shares of the exchange traded fund’s stock valued at $17,693,000 after acquiring an additional 4,159 shares during the last quarter. Finally, Heritage Wealth Management Inc. increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 20.7% in the third quarter. Heritage Wealth Management Inc. now owns 5,767 shares of the exchange traded fund’s stock valued at $468,000 after acquiring an additional 990 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.7 %

NASDAQ:VCLT opened at $76.86 on Wednesday. The stock’s 50-day simple moving average is $75.24 and its 200 day simple moving average is $77.62. 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 Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be issued a dividend of $0.3032 per share. The ex-dividend date is 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.