Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Share Price Passes Above 50 Day Moving Average – What’s Next?

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $75.66 and traded as high as $75.80. Vanguard Long-Term Corporate Bond ETF shares last traded at $75.15, with a volume of 3,539,731 shares changing hands.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.8%

The stock’s 50-day simple moving average is $75.66 and its 200-day simple moving average is $76.50.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

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

Institutional Trading of Vanguard Long-Term Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Friedenthal Financial raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 51.5% in the 4th quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 159 shares in the last quarter. Jessup Wealth Management Inc bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at approximately $36,000. AE Wealth Management LLC grew its stake in Vanguard Long-Term Corporate Bond ETF by 52.4% in the third quarter. AE Wealth Management LLC now owns 486 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 167 shares during the period. Entrust Financial LLC bought a new position in Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth $40,000. Finally, Root Financial Partners LLC bought a new position in Vanguard Long-Term Corporate Bond ETF in the third quarter worth $44,000.

Vanguard Long-Term Corporate Bond ETF Company 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.