Sax Wealth Advisors LLC Raises Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Sax Wealth Advisors LLC raised its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 129.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,531 shares of the exchange traded fund’s stock after purchasing an additional 5,381 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $723,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VCLT. Prudential PLC raised its position in Vanguard Long-Term Corporate Bond ETF by 0.9% during the first quarter. Prudential PLC now owns 84,644,539 shares of the exchange traded fund’s stock valued at $6,425,367,000 after purchasing an additional 785,860 shares during the period. Jane Street Group LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 111.7% in the first quarter. Jane Street Group LLC now owns 907,948 shares of the exchange traded fund’s stock worth $68,922,000 after buying an additional 479,090 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 978.5% in the first quarter. Jones Financial Companies Lllp now owns 397,175 shares of the exchange traded fund’s stock worth $30,150,000 after buying an additional 360,350 shares during the period. OLD Mission Capital LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the first quarter worth approximately $19,807,000. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the second quarter worth approximately $16,102,000.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ VCLT opened at $77.47 on Thursday. The business’s 50 day moving average price is $76.71 and its 200-day moving average price is $75.07. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $70.61 and a fifty-two week high of $80.22.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a $0.3292 dividend. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Wednesday, October 1st.

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.