26,100 Shares in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Purchased by Francis Financial Inc.

Francis Financial Inc. acquired a new position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 26,100 shares of the exchange traded fund’s stock, valued at approximately $2,092,000. Vanguard Long-Term Corporate Bond ETF comprises about 0.9% of Francis Financial Inc.’s investment portfolio, making the stock its 18th largest holding.

Several other institutional investors have also added to or reduced their stakes in VCLT. Cullen Frost Bankers Inc. bought a new stake in Vanguard Long-Term Corporate Bond ETF in the third quarter worth about $31,000. Retirement Group LLC bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at approximately $34,000. Cornerstone Planning Group LLC purchased a new position in Vanguard Long-Term Corporate Bond ETF during the second quarter valued at approximately $35,000. VitalStone Financial LLC purchased a new position in Vanguard Long-Term Corporate Bond ETF during the second quarter valued at approximately $45,000. Finally, Captrust Financial Advisors grew its holdings in Vanguard Long-Term Corporate Bond ETF by 26.6% in the second quarter. Captrust Financial Advisors now owns 576 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 121 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of VCLT opened at $78.23 on Friday. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $67.47 and a 1-year high of $81.11. The company’s fifty day moving average price is $77.72 and its 200-day moving average price is $75.59.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, March 4th were given a dividend of $0.2865 per share. The ex-dividend date was Friday, March 1st. This represents a $3.44 dividend on an annualized basis and a yield of 4.39%.

About Vanguard Long-Term Corporate Bond ETF

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.