Dearborn Partners LLC Decreases Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Dearborn Partners LLC decreased its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 9.0% in the fourth quarter, HoldingsChannel reports. The fund owned 13,904 shares of the exchange traded fund’s stock after selling 1,375 shares during the quarter. Dearborn Partners LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,040,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. PSI Advisors LLC lifted its position in 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 acquiring an additional 162 shares during the last quarter. United Community Bank lifted its position in 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 acquiring an additional 520 shares during the last quarter. Mainstream Capital Management LLC purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at approximately $52,000. Glass Jacobson Investment Advisors llc increased its stake in Vanguard Long-Term Corporate Bond ETF by 507.1% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,196 shares of the exchange traded fund’s stock valued at $97,000 after purchasing an additional 999 shares in the last quarter. Finally, Principal Securities Inc. increased its stake in Vanguard Long-Term Corporate Bond ETF by 28.2% during the 4th quarter. Principal Securities Inc. now owns 1,913 shares of the exchange traded fund’s stock valued at $143,000 after purchasing an additional 421 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Long-Term Corporate Bond ETF stock opened at $76.25 on Tuesday. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $72.86 and a 12-month high of $82.63. The firm’s 50 day simple moving average is $75.33 and its two-hundred day simple moving average is $77.51.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders 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.

Vanguard Long-Term Corporate Bond ETF 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.