B.A. Schrock Wealth Management Inc. Makes New $12.53 Million Investment in Vanguard Long-Term Corporate Bond ETF $VCLT

B.A. Schrock Wealth Management Inc. purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 183,096 shares of the exchange traded fund’s stock, valued at approximately $12,526,000. Vanguard Long-Term Corporate Bond ETF comprises about 4.2% of B.A. Schrock Wealth Management Inc.’s investment portfolio, making the stock its 3rd largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VCLT. Royal Bank of Canada grew its stake in Vanguard Long-Term Corporate Bond ETF by 33.3% during the first quarter. Royal Bank of Canada now owns 852,628 shares of the exchange traded fund’s stock worth $63,708,000 after buying an additional 212,997 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 296.3% in the first quarter. PNC Financial Services Group Inc. now owns 681,612 shares of the exchange traded fund’s stock valued at $50,930,000 after acquiring an additional 509,611 shares during the last quarter. Sanctuary Advisors LLC raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 3.8% in the first quarter. Sanctuary Advisors LLC now owns 594,398 shares of the exchange traded fund’s stock valued at $44,413,000 after acquiring an additional 21,885 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 5.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 529,936 shares of the exchange traded fund’s stock worth $39,878,000 after acquiring an additional 25,658 shares in the last quarter. Finally, Ocean Park Asset Management LLC bought a new position in Vanguard Long-Term Corporate Bond ETF in the 2nd quarter valued at $39,085,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT stock opened at $69.06 on Thursday. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $67.56 and a 52 week high of $79.28. The stock’s fifty day moving average is $70.78 and its 200-day moving average is $73.15.

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. 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.