Marion Wealth Management Acquires 2,888 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Marion Wealth Management boosted its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 4.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 66,926 shares of the exchange traded fund’s stock after purchasing an additional 2,888 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up 1.4% of Marion Wealth Management’s portfolio, making the stock its 19th biggest position. Marion Wealth Management’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $5,436,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VCLT. Aptus Capital Advisors LLC boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 73.5% during the 2nd quarter. Aptus Capital Advisors LLC now owns 484 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 205 shares during the last quarter. SouthState Corp bought a new position in Vanguard Long-Term Corporate Bond ETF in the 2nd quarter worth approximately $37,000. Semmax Financial Advisors Inc. purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the 2nd quarter valued at approximately $38,000. GAMMA Investing LLC raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 8,116.7% during the third quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 487 shares during the last quarter. Finally, Fortis Group Advisors LLC lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 532 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 266 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCLT opened at $79.33 on Tuesday. The firm has a fifty day moving average price of $80.14 and a 200 day moving average price of $77.61. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $67.47 and a fifty-two week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.3255 dividend. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32. The ex-dividend date was Tuesday, September 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.