Avantax Advisory Services Inc. Increases Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Avantax Advisory Services Inc. lifted its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 21.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,694 shares of the exchange traded fund’s stock after buying an additional 2,950 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,248,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Idaho Trust Bank bought a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at $317,000. GC Wealth Management RIA LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth about $343,000. King Luther Capital Management Corp increased its stake in Vanguard Long-Term Corporate Bond ETF by 158.5% in the 4th quarter. King Luther Capital Management Corp now owns 48,718 shares of the exchange traded fund’s stock worth $3,643,000 after buying an additional 29,868 shares during the period. Ranch Capital Advisors Inc. increased its stake in Vanguard Long-Term Corporate Bond ETF by 6.9% in the 4th quarter. Ranch Capital Advisors Inc. now owns 22,188 shares of the exchange traded fund’s stock worth $1,659,000 after buying an additional 1,432 shares during the period. Finally, Daiwa Securities Group Inc. lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 318.4% during the 4th quarter. Daiwa Securities Group Inc. now owns 15,900 shares of the exchange traded fund’s stock valued at $1,189,000 after buying an additional 12,100 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT stock opened at $76.03 on Wednesday. The company’s 50-day simple moving average is $75.47 and its two-hundred day simple moving average is $77.32. Vanguard Long-Term Corporate Bond ETF has a one year low of $72.86 and a one year high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.3032 per share. The ex-dividend date of this dividend was Monday, March 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.