Summit Securities Group LLC boosted its stake in Vanguard Long Term Corporate Bond ETF (NASDAQ:VCLT) by 76.7% during the second quarter, Holdings Channel reports. The firm owned 17,665 shares of the exchange traded fund’s stock after buying an additional 7,665 shares during the period. Summit Securities Group LLC’s holdings in Vanguard Long Term Corporate Bond ETF were worth $1,648,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VCLT. Insight 2811 Inc. purchased a new stake in Vanguard Long Term Corporate Bond ETF during the second quarter valued at approximately $12,992,000. IFP Advisors Inc boosted its stake in Vanguard Long Term Corporate Bond ETF by 19.4% in the second quarter. IFP Advisors Inc now owns 3,639 shares of the exchange traded fund’s stock valued at $340,000 after buying an additional 592 shares during the period. Daiwa Securities Group Inc. boosted its stake in Vanguard Long Term Corporate Bond ETF by 17.1% in the second quarter. Daiwa Securities Group Inc. now owns 4,800 shares of the exchange traded fund’s stock valued at $448,000 after buying an additional 700 shares during the period. David R. Rahn & Associates Inc. boosted its stake in Vanguard Long Term Corporate Bond ETF by 1,830.6% in the second quarter. David R. Rahn & Associates Inc. now owns 48,265 shares of the exchange traded fund’s stock valued at $4,503,000 after buying an additional 45,765 shares during the period. Finally, Spinnaker Trust boosted its stake in Vanguard Long Term Corporate Bond ETF by 5.8% in the second quarter. Spinnaker Trust now owns 51,381 shares of the exchange traded fund’s stock valued at $4,794,000 after buying an additional 2,802 shares during the period.

Shares of Vanguard Long Term Corporate Bond ETF (NASDAQ:VCLT) opened at 93.24 on Friday. Vanguard Long Term Corporate Bond ETF has a 1-year low of $86.60 and a 1-year high of $96.96. The stock has a 50 day moving average of $93.51 and a 200 day moving average of $91.25.

The company also recently declared a monthly dividend, which was paid on Monday, August 7th. Stockholders of record on Thursday, August 3rd were given a dividend of $0.319 per share. The ex-dividend date of this dividend was Tuesday, August 1st. This represents a $3.83 annualized dividend and a dividend yield of 4.11%.

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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.

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Institutional Ownership by Quarter for Vanguard Long Term Corporate Bond ETF (NASDAQ:VCLT)

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