Vanguard Group Inc. Decreases Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Vanguard Group Inc. trimmed its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 21.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,936,107 shares of the exchange traded fund’s stock after selling 1,063,801 shares during the period. Vanguard Group Inc. owned 4.90% of Vanguard Long-Term Corporate Bond ETF worth $281,904,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the 3rd quarter worth $31,000. Cornerstone Planning Group LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF in the 2nd quarter worth $35,000. Retirement Group LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth $34,000. VitalStone Financial LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF in the 2nd quarter worth $45,000. Finally, Captrust Financial Advisors lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 26.6% in the 2nd quarter. Captrust Financial Advisors now owns 576 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 121 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.0 %

Shares of VCLT stock opened at $78.23 on Friday. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $67.47 and a 12 month high of $81.11. The company’s fifty day moving average price is $77.72 and its two-hundred day moving average price is $75.59.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were issued a $0.2865 dividend. The ex-dividend date was Friday, March 1st. This represents a $3.44 dividend on an annualized basis and a yield of 4.39%.

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.