Silphium Asset Management Ltd Invests $6.21 Million in Vanguard Long-Term Corporate Bond ETF $VCLT

Silphium Asset Management Ltd purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 80,000 shares of the exchange traded fund’s stock, valued at approximately $6,212,000. Vanguard Long-Term Corporate Bond ETF makes up approximately 1.8% of Silphium Asset Management Ltd’s investment portfolio, making the stock its 15th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in VCLT. Alpha Cubed Investments LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF during the second quarter worth about $628,000. Atria Investments Inc grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 11.3% in the 2nd quarter. Atria Investments Inc now owns 37,805 shares of the exchange traded fund’s stock worth $2,869,000 after acquiring an additional 3,826 shares during the period. Guggenheim Capital LLC grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 37.9% in the 2nd quarter. Guggenheim Capital LLC now owns 121,048 shares of the exchange traded fund’s stock worth $9,188,000 after acquiring an additional 33,274 shares during the period. 1832 Asset Management L.P. increased its stake in Vanguard Long-Term Corporate Bond ETF by 5.3% in the 2nd quarter. 1832 Asset Management L.P. now owns 357,866 shares of the exchange traded fund’s stock valued at $27,162,000 after purchasing an additional 17,875 shares in the last quarter. Finally, Alesco Advisors LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF during the third quarter worth $2,384,000.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.5%

VCLT opened at $75.80 on Tuesday. Vanguard Long-Term Corporate Bond ETF has a one year low of $70.61 and a one year high of $79.28. The business’s fifty day moving average is $76.46 and its two-hundred day moving average is $76.72.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be paid a $0.3456 dividend. This represents a c) dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is Monday, February 2nd.

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. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.