Vanguard Long-Term Corporate Bond ETF $VCLT Shares Acquired by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 24.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 51,066 shares of the exchange traded fund’s stock after buying an additional 9,933 shares during the quarter. Checchi Capital Advisers LLC owned approximately 0.05% of Vanguard Long-Term Corporate Bond ETF worth $3,873,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VCLT. Country Trust Bank acquired a new position in Vanguard Long-Term Corporate Bond ETF during the third quarter worth about $150,058,000. Millennium Management LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF during the third quarter worth about $94,119,000. Northwestern Mutual Investment Management Company LLC raised its position in Vanguard Long-Term Corporate Bond ETF by 342.9% during the third quarter. Northwestern Mutual Investment Management Company LLC now owns 1,214,290 shares of the exchange traded fund’s stock worth $94,290,000 after acquiring an additional 940,100 shares during the last quarter. Bank of America Corp DE raised its position in Vanguard Long-Term Corporate Bond ETF by 14.2% during the third quarter. Bank of America Corp DE now owns 2,728,943 shares of the exchange traded fund’s stock worth $211,902,000 after acquiring an additional 339,785 shares during the last quarter. Finally, Greenleaf Trust acquired a new position in Vanguard Long-Term Corporate Bond ETF during the third quarter worth about $18,384,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT opened at $75.75 on Tuesday. The company has a 50-day moving average of $75.64 and a two-hundred day moving average of $76.45. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $71.52 and a 12-month high of $79.28.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.3561 per share. The ex-dividend date was Wednesday, April 1st. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 5.6%.

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. 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.