Mainstream Capital Management LLC Invests $52,000 in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Mainstream Capital Management LLC bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 700 shares of the exchange traded fund’s stock, valued at approximately $52,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VCLT. Wealth Enhancement Advisory Services LLC increased its holdings in Vanguard Long-Term Corporate Bond ETF by 40.4% in 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 in the last quarter. Financial Advocates Investment Management purchased a new position in Vanguard Long-Term Corporate Bond ETF during the third quarter valued at $244,000. Janney Montgomery Scott LLC grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 40.1% in the third quarter. Janney Montgomery Scott LLC now owns 117,267 shares of the exchange traded fund’s stock valued at $9,526,000 after purchasing an additional 33,579 shares during the period. Hanlon Investment Management Inc. purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the third quarter worth about $475,000. Finally, Principal Financial Group Inc. raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 1.9% during the 3rd quarter. Principal Financial Group Inc. now owns 217,819 shares of the exchange traded fund’s stock worth $17,693,000 after purchasing an additional 4,159 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.1 %

Shares of Vanguard Long-Term Corporate Bond ETF stock opened at $77.39 on Tuesday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.86 and a twelve month high of $82.63. The firm’s 50-day moving average price is $75.20 and its 200 day moving average price is $77.64.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a $0.3032 dividend. The ex-dividend date of this dividend is 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.