Beacon Pointe Advisors LLC Has $925,000 Holdings in Vanguard Long-Term Corporate Bond Index Fund ETF Shares (NASDAQ:VCLT)

Beacon Pointe Advisors LLC grew its position in Vanguard Long-Term Corporate Bond Index Fund ETF Shares (NASDAQ:VCLT) by 278.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,545 shares of the exchange traded fund’s stock after purchasing an additional 8,498 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Vanguard Long-Term Corporate Bond Index Fund ETF Shares were worth $925,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its position in shares of Vanguard Long-Term Corporate Bond Index Fund ETF Shares by 18.5% in the third quarter. Bank of New York Mellon Corp now owns 96,120 shares of the exchange traded fund’s stock valued at $6,884,000 after acquiring an additional 15,023 shares during the period. Fifth Third Bancorp grew its position in shares of Vanguard Long-Term Corporate Bond Index Fund ETF Shares by 29.5% during 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 in the last quarter. Simplex Trading LLC bought a new position in shares of Vanguard Long-Term Corporate Bond Index Fund ETF Shares during the third quarter worth approximately $180,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Vanguard Long-Term Corporate Bond Index Fund ETF Shares in the third quarter valued at approximately $31,000. Finally, Nomura Asset Management Co. Ltd. bought a new stake in shares of Vanguard Long-Term Corporate Bond Index Fund ETF Shares in the third quarter valued at approximately $468,000.

Vanguard Long-Term Corporate Bond Index Fund ETF Shares Stock Performance

Vanguard Long-Term Corporate Bond Index Fund ETF Shares stock opened at $76.35 on Wednesday. The stock’s fifty day moving average price is $75.94 and its two-hundred day moving average price is $76.84. Vanguard Long-Term Corporate Bond Index Fund ETF Shares has a one year low of $67.47 and a one year high of $81.11.

Vanguard Long-Term Corporate Bond Index Fund ETF Shares Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd were paid a dividend of $0.323 per share. This is an increase from Vanguard Long-Term Corporate Bond Index Fund ETF Shares’s previous dividend of $0.32. The ex-dividend date of this dividend was Wednesday, May 1st.

About Vanguard Long-Term Corporate Bond Index Fund ETF Shares

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.