PSI Advisors LLC Increases Investment in Vanguard Long-Term Corporate Bond ETF

PSI Advisors LLC has significantly increased its investment in the Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 71.4% during the third quarter, as reported in its latest filing with the Securities and Exchange Commission. Following this increase, the firm now holds a total of 437 shares in the fund, having acquired an additional 182 shares over the quarter. At the end of this period, PSI Advisors' holdings in the ETF were valued at approximately $36,000.

In addition to PSI Advisors, several other institutional investors have also adjusted their stakes in VCLT. For instance, Francis Financial Inc. raised its investment in the Vanguard Long-Term Corporate Bond ETF by a remarkable 433.0% in the first quarter. Currently, Francis Financial holds 139,107 shares, valued at $10,882,000, after acquiring an extra 113,007 shares in the last quarter.

Moreover, GAMMA Investing LLC's position in the ETF surged by 8,116.7% during the third quarter. They now hold 493 shares of the stock, with a total value of $40,000 after purchasing an additional 487 shares. Similarly, SouthState Corp entered the market with a new stake in the Vanguard Long-Term Corporate Bond ETF during the second quarter, valued at approximately $37,000.

Mirae Asset Global Investments Co. Ltd. also expanded its position during the first quarter by 8.4%, acquiring a total of 246,693 shares worth $19,299,000 after purchasing an extra 19,216 shares that quarter. Finally, Osaic Holdings Inc. increased its stake by 57.9% in the first quarter and now possesses 421,566 shares valued at about $32,978,000, following the purchase of an additional 154,517 shares during the period.

Recent Trading Performance of Vanguard Long-Term Corporate Bond ETF

As of Friday, NASDAQ:VCLT opened at $77.79. The ETF’s fifty-day simple moving average is currently at $80.26, while its 200-day simple moving average stands at $77.75. The Vanguard Long-Term Corporate Bond ETF has experienced a twelve-month price range, with a low of $68.10 and a high of $82.63.

Dividend Announcement by Vanguard Long-Term Corporate Bond ETF

The Vanguard Long-Term Corporate Bond ETF recently declared a dividend that was paid out on Thursday, September 5th. Shareholders on record as of Tuesday, September 3rd, received a dividend of $0.3255 per share, which reflects a positive increase from the previous dividend of $0.32. The ex-dividend date was also set for Tuesday, September 3rd.

Understanding Vanguard Long-Term Corporate Bond ETF

The Vanguard Long-Term Corporate Bond ETF aims to replicate the performance of a corporate bond index that is market-weighted and has a long-term, dollar-weighted average maturity. This ETF employs a passive management strategy designed to align with the performance of the Barclays Capital U.S. corporate bond index.

PSI, Vanguard, ETF