Vanguard Long-Term Corporate Bond ETF $VCLT is Country Trust Bank’s 9th Largest Position

Country Trust Bank lessened its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,868,793 shares of the exchange traded fund’s stock after selling 63,702 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up approximately 2.6% of Country Trust Bank’s portfolio, making the stock its 9th biggest position. Country Trust Bank owned 1.87% of Vanguard Long-Term Corporate Bond ETF worth $141,748,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Sheets Smith Wealth Management boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 7.1% during the fourth quarter. Sheets Smith Wealth Management now owns 8,968 shares of the exchange traded fund’s stock valued at $680,000 after purchasing an additional 595 shares during the period. Victory Financial Group LLC boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 33.3% during the fourth quarter. Victory Financial Group LLC now owns 74,570 shares of the exchange traded fund’s stock valued at $5,656,000 after purchasing an additional 18,618 shares during the period. Rockland Trust Co. boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 4.2% during the fourth quarter. Rockland Trust Co. now owns 10,323 shares of the exchange traded fund’s stock valued at $783,000 after purchasing an additional 420 shares during the period. LifeGoal Investments LLC boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 8.5% during the fourth quarter. LifeGoal Investments LLC now owns 20,667 shares of the exchange traded fund’s stock valued at $1,568,000 after purchasing an additional 1,626 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 17.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 532,106 shares of the exchange traded fund’s stock valued at $40,360,000 after purchasing an additional 77,300 shares during the period.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ:VCLT opened at $74.86 on Tuesday. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $70.61 and a fifty-two week high of $79.28. The business has a 50 day moving average price of $75.79 and a 200-day moving average price of $76.61.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were paid a dividend of $0.3561 per share. This represents a c) annualized dividend and a dividend yield of 5.7%. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Wednesday, April 1st.

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.