Asset Allocation & Management Company LLC Acquires 41,970 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Asset Allocation & Management Company LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 41,970 shares of the exchange traded fund’s stock, valued at approximately $2,875,000. Vanguard Long-Term Corporate Bond ETF makes up 0.9% of Asset Allocation & Management Company LLC’s investment portfolio, making the stock its 17th largest holding.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VCLT. Atomic Invest LLC acquired a new stake in Vanguard Long-Term Corporate Bond ETF during the second quarter worth about $25,000. Western Wealth Management LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 1st quarter valued at approximately $34,000. Eastern Bank bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 3rd quarter worth approximately $37,000. SHP Wealth Management bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter worth approximately $119,000. Finally, NFSG Corp lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 73.0% during the 1st quarter. NFSG Corp now owns 1,680 shares of the exchange traded fund’s stock worth $126,000 after acquiring an additional 709 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCLT traded down $0.03 during trading hours on Tuesday, hitting $68.84. 3,082,941 shares of the stock were exchanged, compared to its average volume of 5,503,399. The company’s fifty day simple moving average is $70.93 and its two-hundred day simple moving average is $73.23. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $67.56 and a 1-year high of $79.28.

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.