GAMMA Investing LLC Buys 11,157 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

GAMMA Investing LLC raised its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 2,093.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,690 shares of the exchange traded fund’s stock after purchasing an additional 11,157 shares during the quarter. GAMMA Investing LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $887,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Prudential PLC raised its position in Vanguard Long-Term Corporate Bond ETF by 9.5% in the 4th quarter. Prudential PLC now owns 83,858,679 shares of the exchange traded fund’s stock valued at $6,270,952,000 after purchasing an additional 7,307,685 shares during the last quarter. Vanguard Group Inc. grew its stake in Vanguard Long-Term Corporate Bond ETF by 6.5% in the fourth quarter. Vanguard Group Inc. now owns 4,847,247 shares of the exchange traded fund’s stock valued at $362,477,000 after acquiring an additional 293,885 shares during the period. State of Tennessee Department of Treasury boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 15.5% during the fourth quarter. State of Tennessee Department of Treasury now owns 4,525,479 shares of the exchange traded fund’s stock worth $338,415,000 after buying an additional 608,967 shares during the period. Bank of America Corp DE boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 22.2% during the fourth quarter. Bank of America Corp DE now owns 2,580,995 shares of the exchange traded fund’s stock worth $193,007,000 after buying an additional 468,697 shares during the period. Finally, Charles Schwab Investment Management Inc. bought a new stake in Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at approximately $162,069,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ:VCLT opened at $74.01 on Tuesday. The stock’s 50 day moving average price is $73.53 and its two-hundred day moving average price is $74.95. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $70.61 and a 12-month high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a $0.3697 dividend. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $4.44 annualized dividend and a yield of 5.99%.

About Vanguard Long-Term Corporate Bond ETF

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.