Raymond James Financial Services Advisors Inc. Has $24.74 Million Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Raymond James Financial Services Advisors Inc. lifted its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 7.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 308,691 shares of the exchange traded fund’s stock after purchasing an additional 22,142 shares during the period. Raymond James Financial Services Advisors Inc. owned 0.36% of Vanguard Long-Term Corporate Bond ETF worth $24,742,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 77,925.4% during the first quarter. JPMorgan Chase & Co. now owns 46,035 shares of the exchange traded fund’s stock worth $4,313,000 after buying an additional 45,976 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 1.7% in the 1st quarter. Bank of New York Mellon Corp now owns 90,889 shares of the exchange traded fund’s stock valued at $8,513,000 after purchasing an additional 1,477 shares during the period. Cetera Advisor Networks LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 14.7% in the 1st quarter. Cetera Advisor Networks LLC now owns 4,651 shares of the exchange traded fund’s stock worth $436,000 after purchasing an additional 596 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 9.0% during the 1st quarter. Sei Investments Co. now owns 34,268 shares of the exchange traded fund’s stock worth $3,221,000 after purchasing an additional 2,831 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 18.4% during the first quarter. Cetera Investment Advisers now owns 10,802 shares of the exchange traded fund’s stock valued at $1,012,000 after buying an additional 1,680 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Up 1.0 %

NASDAQ VCLT opened at $78.20 on Thursday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $67.47 and a twelve month high of $81.11. The firm has a 50-day simple moving average of $77.72 and a 200 day simple moving average of $75.57.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were given a $0.2865 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $3.44 dividend on an annualized basis and a dividend yield of 4.40%.

Vanguard Long-Term Corporate Bond ETF Company 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.