Passumpsic Savings Bank Invests $10.16 Million in Vanguard Long-Term Corporate Bond ETF $VCLT

Passumpsic Savings Bank bought a new position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 133,951 shares of the exchange traded fund’s stock, valued at approximately $10,160,000. Vanguard Long-Term Corporate Bond ETF makes up about 5.6% of Passumpsic Savings Bank’s portfolio, making the stock its 2nd biggest position. Passumpsic Savings Bank owned 0.13% of Vanguard Long-Term Corporate Bond ETF as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Friedenthal Financial grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 51.5% in the 4th quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 159 shares in the last quarter. AE Wealth Management LLC grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 52.4% in the 3rd quarter. AE Wealth Management LLC now owns 486 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 167 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter worth approximately $44,000. Qube Research & Technologies Ltd acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter worth approximately $65,000. Finally, US Bancorp DE grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 1,700.0% in the 3rd quarter. US Bancorp DE now owns 846 shares of the exchange traded fund’s stock worth $66,000 after acquiring an additional 799 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT opened at $73.81 on Monday. The stock has a 50 day moving average of $74.88 and a 200-day moving average of $76.05. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $71.52 and a 52 week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a $0.3274 dividend. The ex-dividend date was Friday, May 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. 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.