Focus Financial Network Inc. Lowers Stock Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Focus Financial Network Inc. reduced its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 72.2% in the 4th quarter, Holdings Channel reports. The fund owned 7,464 shares of the exchange traded fund’s stock after selling 19,428 shares during the period. Focus Financial Network Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $558,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PSI Advisors LLC grew its stake 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 worth $36,000 after acquiring an additional 182 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 8,116.7% in the 3rd quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 487 shares during the last quarter. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 507.1% in 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 during the last quarter. WestEnd Advisors LLC boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 27.6% in the 3rd quarter. WestEnd Advisors LLC now owns 1,499 shares of the exchange traded fund’s stock valued at $122,000 after purchasing an additional 324 shares during the last quarter. Finally, Sunburst Financial Group LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at $208,000.

Vanguard Long-Term Corporate Bond ETF Trading Up 1.2 %

Shares of VCLT opened at $75.51 on Friday. The company’s fifty day moving average is $75.44 and its two-hundred day moving average is $77.83. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $72.86 and a fifty-two week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.3447 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.