Scissortail Wealth Management LLC Makes New Investment in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Scissortail Wealth Management LLC purchased a new position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 4,570 shares of the exchange traded fund’s stock, valued at approximately $360,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Captrust Financial Advisors boosted its stake in Vanguard Long-Term Corporate Bond ETF by 26.6% in the 2nd quarter. Captrust Financial Advisors now owns 576 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 121 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 2.6% in the 1st quarter. Advisors Asset Management Inc. now owns 4,975 shares of the exchange traded fund’s stock worth $466,000 after purchasing an additional 127 shares during the period. High Net Worth Advisory Group LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 1.2% in the 4th quarter. High Net Worth Advisory Group LLC now owns 13,415 shares of the exchange traded fund’s stock worth $1,075,000 after purchasing an additional 153 shares during the period. Fifth Third Bancorp raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 29.5% in the 3rd quarter. Fifth Third Bancorp now owns 738 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 168 shares during the period. Finally, DAVENPORT & Co LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 0.4% in the 3rd quarter. DAVENPORT & Co LLC now owns 54,405 shares of the exchange traded fund’s stock worth $3,896,000 after purchasing an additional 207 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Long-Term Corporate Bond ETF stock traded up $0.37 during trading hours on Wednesday, reaching $74.16. The stock had a trading volume of 492,011 shares, compared to its average volume of 2,366,754. The firm has a 50 day simple moving average of $77.02 and a two-hundred day simple moving average of $75.85. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $67.47 and a 1 year high of $81.11.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a $0.3181 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.