Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Shares Cross 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 trading hands.

Vanguard Long-Term Corporate Bond ETF Stock Performance

The firm’s 50-day simple moving average is $75.64 and its 200 day simple moving average is $76.48.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued 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. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%.

Institutional Trading of Vanguard Long-Term Corporate Bond ETF

Large investors have recently bought and sold shares of the business. State of Tennessee Department of Treasury lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 8.2% in the fourth quarter. State of Tennessee Department of Treasury now owns 3,112,025 shares of the exchange traded fund’s stock worth $237,167,000 after acquiring an additional 235,758 shares during the last quarter. Bank of America Corp DE increased its position in Vanguard Long-Term Corporate Bond ETF by 14.2% during the 3rd quarter. Bank of America Corp DE now owns 2,728,943 shares of the exchange traded fund’s stock worth $211,902,000 after purchasing an additional 339,785 shares in the last quarter. Allianz SE acquired a new position in Vanguard Long-Term Corporate Bond ETF during the 4th quarter worth approximately $183,255,000. Country Trust Bank bought a new position in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at approximately $150,058,000. Finally, Wells Fargo & Company MN boosted its position in Vanguard Long-Term Corporate Bond ETF by 3.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,719,661 shares of the exchange traded fund’s stock valued at $130,436,000 after buying an additional 57,497 shares in the last quarter.

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.