Betterment LLC Invests $300,000 in Vanguard Long Term Corporate Bond ETF (VCLT)

Betterment LLC bought a new position in shares of Vanguard Long Term Corporate Bond ETF (NASDAQ:VCLT) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,220 shares of the exchange traded fund’s stock, valued at approximately $300,000.

Other hedge funds have also made changes to their positions in the company. WBI Investments Inc. purchased a new position in shares of Vanguard Long Term Corporate Bond ETF during the 2nd quarter valued at approximately $98,616,000. Insight 2811 Inc. acquired a new stake in Vanguard Long Term Corporate Bond ETF in the 2nd quarter valued at $12,992,000. Wells Fargo & Company MN grew its stake in Vanguard Long Term Corporate Bond ETF by 20.1% in the 2nd quarter. Wells Fargo & Company MN now owns 605,699 shares of the exchange traded fund’s stock valued at $56,512,000 after acquiring an additional 101,414 shares during the period. Providence First Trust Co acquired a new stake in Vanguard Long Term Corporate Bond ETF in the 2nd quarter valued at $4,665,000. Finally, David R. Rahn & Associates Inc. grew its stake in Vanguard Long Term Corporate Bond ETF by 1,830.6% in the 2nd quarter. David R. Rahn & Associates Inc. now owns 48,265 shares of the exchange traded fund’s stock valued at $4,503,000 after acquiring an additional 45,765 shares during the period.

Vanguard Long Term Corporate Bond ETF (NASDAQ VCLT) traded up 0.10% during midday trading on Tuesday, reaching $94.02. 46,956 shares of the company were exchanged. Vanguard Long Term Corporate Bond ETF has a 52-week low of $86.60 and a 52-week high of $95.11. The company has a 50 day moving average of $93.82 and a 200-day moving average of $92.45.

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 5th. Investors of record on Tuesday, October 3rd will be paid a $0.325 dividend. The ex-dividend date is Monday, October 2nd. This represents a $3.90 dividend on an annualized basis and a dividend yield of 4.15%.

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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.

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Institutional Ownership by Quarter for Vanguard Long Term Corporate Bond ETF (NASDAQ:VCLT)

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