BNP Paribas Decreases Position in Vanguard Long-Term Corporate Bond ETF $VCLT

BNP Paribas lessened its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 98.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,257 shares of the exchange traded fund’s stock after selling 117,121 shares during the quarter. BNP Paribas’ holdings in Vanguard Long-Term Corporate Bond ETF were worth $98,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Alliancebernstein L.P. increased its position in Vanguard Long-Term Corporate Bond ETF by 1.5% in the third quarter. Alliancebernstein L.P. now owns 550,333 shares of the exchange traded fund’s stock worth $42,733,000 after buying an additional 7,905 shares during the last quarter. Creative Planning raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 314.3% in the third quarter. Creative Planning now owns 32,539 shares of the exchange traded fund’s stock valued at $2,527,000 after buying an additional 24,685 shares during the period. SWAN Capital LLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 6.9% during the 3rd quarter. SWAN Capital LLC now owns 262,264 shares of the exchange traded fund’s stock valued at $20,365,000 after buying an additional 16,887 shares during the last quarter. NorthRock Partners LLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 2,401.7% during the 3rd quarter. NorthRock Partners LLC now owns 22,665 shares of the exchange traded fund’s stock valued at $1,760,000 after buying an additional 21,759 shares during the last quarter. Finally, Comerica Bank grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 1.3% during the 3rd quarter. Comerica Bank now owns 50,724 shares of the exchange traded fund’s stock worth $3,939,000 after acquiring an additional 628 shares during the period.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of VCLT opened at $73.78 on Monday. The business has a 50-day moving average of $76.43 and a 200 day moving average of $76.90. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $70.61 and a fifty-two week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.3181 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Monday, March 2nd.

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. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.