Tennessee Valley Asset Management Partners Invests $36,000 in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Tennessee Valley Asset Management Partners purchased a new position in 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 (SEC). The institutional investor purchased 451 shares of the exchange traded fund’s stock, valued at approximately $36,000.

A number of other hedge funds have also recently made changes to their positions in VCLT. DAVENPORT & Co LLC grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 0.4% in the third quarter. DAVENPORT & Co LLC now owns 54,405 shares of the exchange traded fund’s stock worth $3,896,000 after purchasing an additional 207 shares during the last quarter. CreativeOne Wealth LLC bought a new position in Vanguard Long-Term Corporate Bond ETF during the 3rd quarter worth about $633,000. 4Thought Financial Group Inc. grew its holdings in Vanguard Long-Term Corporate Bond ETF by 5.7% during the 3rd quarter. 4Thought Financial Group Inc. now owns 32,653 shares of the exchange traded fund’s stock worth $2,339,000 after acquiring an additional 1,771 shares in the last quarter. Advisory Alpha LLC grew its holdings in Vanguard Long-Term Corporate Bond ETF by 4.3% during the 3rd quarter. Advisory Alpha LLC now owns 431,042 shares of the exchange traded fund’s stock worth $30,876,000 after acquiring an additional 17,795 shares in the last quarter. Finally, SWAN Capital LLC bought a new position in Vanguard Long-Term Corporate Bond ETF during the 3rd quarter worth about $3,619,000.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.2 %

Shares of Vanguard Long-Term Corporate Bond ETF stock opened at $74.61 on Wednesday. The firm’s 50-day moving average is $76.73 and its two-hundred day moving average is $76.02. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $67.47 and a 1 year high of $81.11.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.3181 per share. The ex-dividend date of this dividend was Monday, April 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.