Northeast Financial Group Inc. Has $10.75 Million Holdings in Vanguard Long-Term Corporate Bond ETF $VCLT

Northeast Financial Group Inc. lessened its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 9.0% during the 1st quarter, Holdings Channel reports. The firm owned 143,713 shares of the exchange traded fund’s stock after selling 14,225 shares during the period. Vanguard Long-Term Corporate Bond ETF makes up approximately 2.7% of Northeast Financial Group Inc.’s portfolio, making the stock its 11th biggest position. Northeast Financial Group Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $10,748,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Friedenthal Financial raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 51.5% during the fourth quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 159 shares during the last quarter. Jessup Wealth Management Inc bought a new position in Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at approximately $36,000. Entrust Financial LLC bought a new position in Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at approximately $40,000. Qube Research & Technologies Ltd acquired a new stake in Vanguard Long-Term Corporate Bond ETF during the 3rd quarter worth $65,000. Finally, US Bancorp DE grew its holdings in Vanguard Long-Term Corporate Bond ETF by 1,700.0% during the 3rd quarter. US Bancorp DE now owns 846 shares of the exchange traded fund’s stock worth $66,000 after acquiring an additional 799 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Long-Term Corporate Bond ETF stock opened at $72.22 on Monday. The firm has a fifty day moving average of $74.44 and a two-hundred day moving average of $75.24. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $72.08 and a 52 week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.3422 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%.

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. 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.