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

King Luther Capital Management Corp boosted its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 158.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,718 shares of the exchange traded fund’s stock after purchasing an additional 29,868 shares during the quarter. King Luther Capital Management Corp’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $3,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Ranch Capital Advisors Inc. raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 6.9% during the 4th quarter. Ranch Capital Advisors Inc. now owns 22,188 shares of the exchange traded fund’s stock valued at $1,659,000 after buying an additional 1,432 shares in the last quarter. Daiwa Securities Group Inc. raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 318.4% during the 4th quarter. Daiwa Securities Group Inc. now owns 15,900 shares of the exchange traded fund’s stock valued at $1,189,000 after buying an additional 12,100 shares in the last quarter. United Community Bank raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 444.4% during the 4th quarter. United Community Bank now owns 637 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 520 shares in the last quarter. AMG National Trust Bank raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 2.0% during the 4th quarter. AMG National Trust Bank now owns 196,940 shares of the exchange traded fund’s stock valued at $14,788,000 after buying an additional 3,771 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at $49,200,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Vanguard Long-Term Corporate Bond ETF stock opened at $75.24 on Thursday. The firm’s fifty day moving average price is $75.36 and its 200-day moving average price is $77.46. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $72.86 and a fifty-two week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.3032 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.