Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Shares Sold by Gray Wealth Management Inc.

Gray Wealth Management Inc. reduced its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 43.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,893 shares of the exchange traded fund’s stock after selling 3,832 shares during the quarter. Gray Wealth Management Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $392,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new stake in Vanguard Long-Term Corporate Bond ETF in the third quarter worth approximately $31,000. Retirement Group LLC bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth $34,000. Cornerstone Planning Group LLC acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the second quarter valued at $35,000. Tennessee Valley Asset Management Partners bought a new position in Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at about $36,000. Finally, Captrust Financial Advisors boosted its stake in Vanguard Long-Term Corporate Bond ETF by 26.6% during the second quarter. Captrust Financial Advisors now owns 576 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 121 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

Vanguard Long-Term Corporate Bond ETF stock traded down $0.20 during midday trading on Thursday, hitting $74.19. The company’s stock had a trading volume of 2,633,696 shares, compared to its average volume of 2,395,904. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $67.47 and a 12 month high of $81.11. The stock’s 50-day moving average price is $76.94 and its 200-day moving average price is $75.84.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.3181 dividend. The ex-dividend date was Monday, April 1st.

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.