Vanguard Long-Term Corporate Bond Index Fund (NASDAQ:VCLT) Reaches New 12-Month Low at $77.49

Shares of Vanguard Long-Term Corporate Bond Index Fund (NASDAQ:VCLTGet Rating) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $77.49 and last traded at $77.59, with a volume of 6272 shares changing hands. The stock had previously closed at $78.74.

Vanguard Long-Term Corporate Bond Index Fund Price Performance

The business has a 50-day moving average price of $82.31 and a 200-day moving average price of $85.14.

Vanguard Long-Term Corporate Bond Index Fund Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 7th. Stockholders of record on Friday, September 2nd were given a $0.285 dividend. The ex-dividend date was Thursday, September 1st. This is a positive change from Vanguard Long-Term Corporate Bond Index Fund’s previous monthly dividend of $0.27. This represents a $3.42 dividend on an annualized basis and a dividend yield of 4.34%.

Institutional Investors Weigh In On Vanguard Long-Term Corporate Bond Index Fund

Large investors have recently made changes to their positions in the stock. Dai Ichi Life Insurance Company Ltd grew its position in Vanguard Long-Term Corporate Bond Index Fund by 1.0% in the first quarter. Dai Ichi Life Insurance Company Ltd now owns 3,112,450 shares of the exchange traded fund’s stock worth $291,543,000 after acquiring an additional 30,816 shares during the period. Allianz Investment Management U.S. LLC grew its position in Vanguard Long-Term Corporate Bond Index Fund by 5.1% in the first quarter. Allianz Investment Management U.S. LLC now owns 2,358,512 shares of the exchange traded fund’s stock worth $220,544,000 after acquiring an additional 114,000 shares during the period. Janney Montgomery Scott LLC grew its position in Vanguard Long-Term Corporate Bond Index Fund by 71.9% in the second quarter. Janney Montgomery Scott LLC now owns 2,153,339 shares of the exchange traded fund’s stock worth $174,618,000 after acquiring an additional 900,330 shares during the period. Bank of America Corp DE grew its position in Vanguard Long-Term Corporate Bond Index Fund by 123.5% in the first quarter. Bank of America Corp DE now owns 2,150,261 shares of the exchange traded fund’s stock worth $201,414,000 after acquiring an additional 1,188,275 shares during the period. Finally, State of Tennessee Treasury Department grew its position in Vanguard Long-Term Corporate Bond Index Fund by 2.0% in the first quarter. State of Tennessee Treasury Department now owns 2,052,405 shares of the exchange traded fund’s stock worth $192,249,000 after acquiring an additional 40,867 shares during the period.

Vanguard Long-Term Corporate Bond Index Fund Company Profile

(Get Rating)

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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