Geneos Wealth Management Inc. Has $1.53 Million Stock Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Geneos Wealth Management Inc. boosted its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 79.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 20,107 shares of the exchange traded fund’s stock after purchasing an additional 8,897 shares during the period. Geneos Wealth Management Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,525,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. State of Tennessee Department of Treasury boosted its position in Vanguard Long-Term Corporate Bond ETF by 3.9% during the second quarter. State of Tennessee Department of Treasury now owns 2,827,927 shares of the exchange traded fund’s stock valued at $214,640,000 after purchasing an additional 107,304 shares during the last quarter. Bank of America Corp DE boosted its position in Vanguard Long-Term Corporate Bond ETF by 14.2% during the third quarter. Bank of America Corp DE now owns 2,728,943 shares of the exchange traded fund’s stock valued at $211,902,000 after purchasing an additional 339,785 shares during the last quarter. Country Trust Bank acquired a new stake in Vanguard Long-Term Corporate Bond ETF during the third quarter valued at $150,058,000. Northwestern Mutual Investment Management Company LLC boosted its position in Vanguard Long-Term Corporate Bond ETF by 342.9% during the third quarter. Northwestern Mutual Investment Management Company LLC now owns 1,214,290 shares of the exchange traded fund’s stock valued at $94,290,000 after purchasing an additional 940,100 shares during the last quarter. Finally, Millennium Management LLC acquired a new stake in Vanguard Long-Term Corporate Bond ETF during the third quarter valued at $94,119,000.

Vanguard Long-Term Corporate Bond ETF Price Performance

VCLT opened at $75.31 on Monday. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $71.52 and a 1 year high of $79.28. The stock has a fifty day moving average price of $75.52 and a 200 day moving average price of $76.39.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a dividend of $0.3561 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 5.7%.

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. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.