Gray Wealth Management Inc. Reduces Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Gray Wealth Management Inc. lowered its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 43.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,893 shares of the exchange traded fund’s stock after selling 3,832 shares during the period. 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 institutional investors and hedge funds also recently modified their holdings of the company. Scissortail Wealth Management LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth $360,000. Octavia Wealth Advisors LLC raised its stake in Vanguard Long-Term Corporate Bond ETF by 3.4% in the 4th quarter. Octavia Wealth Advisors LLC now owns 107,532 shares of the exchange traded fund’s stock valued at $8,619,000 after purchasing an additional 3,520 shares during the last quarter. Aurora Private Wealth Inc. purchased a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at about $221,000. NewEdge Wealth LLC boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 1,014.3% during the 4th quarter. NewEdge Wealth LLC now owns 46,223 shares of the exchange traded fund’s stock worth $3,705,000 after purchasing an additional 42,075 shares during the last quarter. Finally, Tennessee Valley Asset Management Partners purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter worth about $36,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCLT traded down $0.20 during trading on Thursday, reaching $74.19. The stock had a trading volume of 2,633,696 shares, compared to its average volume of 2,395,904. The business has a fifty day moving average price of $76.94 and a 200-day moving average price of $75.84. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $67.47 and a fifty-two week high of $81.11.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders 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 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.