Sykon Capital LLC Sells 8,607 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Sykon Capital LLC decreased its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 15.6% in the fourth quarter, HoldingsChannel reports. The firm owned 46,408 shares of the exchange traded fund’s stock after selling 8,607 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up 1.5% of Sykon Capital LLC’s investment portfolio, making the stock its 17th biggest position. Sykon Capital LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $3,720,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Evolution Advisers Inc. bought a new position in Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at approximately $26,000. Cullen Frost Bankers Inc. bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter worth approximately $31,000. Tennessee Valley Asset Management Partners bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth approximately $36,000. Fifth Third Bancorp raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 29.5% in the 3rd quarter. Fifth Third Bancorp now owns 738 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 168 shares in the last quarter. Finally, Capital Investment Advisory Services LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth approximately $64,000.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.9 %

Shares of NASDAQ:VCLT traded up $0.65 during trading on Friday, hitting $75.37. The stock had a trading volume of 1,784,958 shares, compared to its average volume of 2,355,762. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $67.47 and a 12 month high of $81.11. The firm’s fifty day moving average is $76.32 and its 200 day moving average is $76.20.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be given a $0.323 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32.

Vanguard Long-Term Corporate Bond ETF 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.