HighTower Advisors LLC Increases Holdings in Vanguard Long-Term Corporate Bond ETF

HighTower Advisors LLC has significantly increased its stake in the Vanguard Long-Term Corporate Bond ETF, as reported on December 11, 2024. During the third quarter, the firm raised its position by an impressive 115.8%, acquiring an additional 37,751 shares. This brings its total holdings in the exchange-traded fund (ETF) to 70,354 shares, valued at approximately $5,716,000 according to its latest filing with the SEC.

Other institutional investors have also altered their positions in the Vanguard Long-Term Corporate Bond ETF. PSI Advisors LLC increased its holdings by 71.4% in the third quarter, now owning 437 shares valued at $36,000 following a purchase of an additional 182 shares. Similarly, Aptus Capital Advisors LLC expanded its stake by 73.5% during the second quarter, totaling 484 shares now worth $37,000 after acquiring 205 extra shares. SouthState Corp has also entered the scene, purchasing a new position valued at roughly $37,000. Additionally, Semmax Financial Advisors Inc. acquired a new stake during the same quarter, valued at around $38,000. A considerable increase was noted by GAMMA Investing LLC, which raised its holding by an astounding 8,116.7% during the third quarter and now owns 493 shares worth approximately $40,000 after adding 487 shares in this period.

Current Stock Performance of Vanguard Long-Term Corporate Bond ETF

As of Wednesday, the Vanguard Long-Term Corporate Bond ETF was trading at $78.62. Over the past 12 months, the ETF has experienced a low of $73.21 and a high of $82.63. The fund’s fifty-day simple moving average stands at $78.20, with a two-hundred day moving average at $78.35.

Dividend Announcement from Vanguard

Recently, the Vanguard Long-Term Corporate Bond ETF announced a new dividend. Shareholders of record as of November 1st received a dividend payment of $0.3375 on November 5th, which marks an increase from the previous dividend amount of $0.33. The ex-dividend date was also set for November 1st.

About Vanguard Long-Term Corporate Bond ETF

The Vanguard Long-Term Corporate Bond ETF aims to mirror the performance of a market-weighted corporate bond index with a long-term maturity. The fund utilizes a passive management strategy to align its performance with that of the Barclays Capital U.S. Corporate Bond Index.

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