Davidson Capital Management Inc. Takes $10.50 Million Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Davidson Capital Management Inc. purchased a new stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 140,386 shares of the exchange traded fund’s stock, valued at approximately $10,498,000. Vanguard Long-Term Corporate Bond ETF makes up 2.8% of Davidson Capital Management Inc.’s investment portfolio, making the stock its 6th largest holding.

Several other institutional investors have also recently bought and sold shares of the stock. Brookstone Capital Management boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 39.2% in 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 last quarter. Mutual Advisors LLC lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 9.2% in the fourth quarter. Mutual Advisors LLC now owns 3,348 shares of the exchange traded fund’s stock valued at $250,000 after buying an additional 282 shares during the period. GAMMA Investing LLC boosted its stake in 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 valued at $40,000 after acquiring an additional 487 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Vanguard Long-Term Corporate Bond ETF by 40.4% during the 3rd 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. Finally, HighTower Advisors LLC raised its position in shares of 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 acquiring an additional 37,751 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

VCLT stock opened at $75.18 on Wednesday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.86 and a twelve month high of $82.63. The business’s fifty day moving average is $75.59 and its 200-day moving average is $77.86.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.3447 dividend. The ex-dividend date was Monday, February 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.