Marks Wealth LLC Buys Shares of 6,865 Vanguard Long-Term Corporate Bond ETF $VCLT

Marks Wealth LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,865 shares of the exchange traded fund’s stock, valued at approximately $521,000. Vanguard Long-Term Corporate Bond ETF comprises 0.2% of Marks Wealth LLC’s portfolio, making the stock its 14th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VCLT. Country Trust Bank bought a new position in Vanguard Long-Term Corporate Bond ETF in the third quarter valued at about $150,058,000. Millennium Management LLC bought a new position in Vanguard Long-Term Corporate Bond ETF in the third quarter valued at about $94,119,000. Northwestern Mutual Investment Management Company LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 342.9% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 1,214,290 shares of the exchange traded fund’s stock valued at $94,290,000 after acquiring an additional 940,100 shares during the last quarter. Bank of America Corp DE grew its position in Vanguard Long-Term Corporate Bond ETF by 14.2% in the third quarter. Bank of America Corp DE now owns 2,728,943 shares of the exchange traded fund’s stock valued at $211,902,000 after acquiring an additional 339,785 shares during the last quarter. Finally, Greenleaf Trust bought a new position in Vanguard Long-Term Corporate Bond ETF in the third quarter valued at about $18,384,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Vanguard Long-Term Corporate Bond ETF stock opened at $74.51 on Monday. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $71.52 and a 12-month high of $79.28. The business’s 50-day moving average price is $75.32 and its two-hundred day moving average price is $76.31.

Vanguard Long-Term Corporate Bond ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st will be given a $0.3274 dividend. The ex-dividend date is Friday, May 1st.

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.