King Luther Capital Management Corp Cuts Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

King Luther Capital Management Corp reduced its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 6.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,850 shares of the exchange traded fund’s stock after selling 1,261 shares during the period. King Luther Capital Management Corp’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,531,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its position in Vanguard Long-Term Corporate Bond ETF by 7.8% during the first quarter. Vanguard Group Inc. now owns 4,175,772 shares of the exchange traded fund’s stock valued at $326,671,000 after buying an additional 302,950 shares in the last quarter. 1832 Asset Management L.P. grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 3.0% in the first quarter. 1832 Asset Management L.P. now owns 340,986 shares of the exchange traded fund’s stock valued at $26,675,000 after buying an additional 9,982 shares in the last quarter. Transcendent Capital Group LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 9.2% in the first quarter. Transcendent Capital Group LLC now owns 41,333 shares of the exchange traded fund’s stock valued at $3,233,000 after acquiring an additional 3,492 shares in the last quarter. Ascent Group LLC purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the 1st quarter worth $1,319,000. Finally, Econ Financial Services Corp increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 14.8% during the first quarter. Econ Financial Services Corp now owns 46,020 shares of the exchange traded fund’s stock worth $3,600,000 after acquiring an additional 5,932 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCLT opened at $76.71 on Friday. The company has a fifty day simple moving average of $78.99 and a 200 day simple moving average of $78.09. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $73.21 and a 12-month high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.3375 dividend. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33. The ex-dividend date of this dividend was Friday, November 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.