Mirae Asset Global Investments Co. Ltd. Has $26.39 Million Stock Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Mirae Asset Global Investments Co. Ltd. raised its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 4.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 339,840 shares of the exchange traded fund’s stock after purchasing an additional 15,504 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $26,389,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of VCLT. Truist Financial Corp grew its position in Vanguard Long-Term Corporate Bond ETF by 0.4% in the third quarter. Truist Financial Corp now owns 187,060 shares of the exchange traded fund’s stock valued at $14,525,000 after acquiring an additional 681 shares during the last quarter. Sightline Wealth Advisors LLC boosted its position in Vanguard Long-Term Corporate Bond ETF by 1.4% during the third quarter. Sightline Wealth Advisors LLC now owns 43,968 shares of the exchange traded fund’s stock valued at $3,414,000 after acquiring an additional 616 shares during the last quarter. 4Thought Financial Group Inc. boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 2.9% during the 3rd quarter. 4Thought Financial Group Inc. now owns 54,246 shares of the exchange traded fund’s stock worth $4,212,000 after buying an additional 1,534 shares in the last quarter. Belpointe Asset Management LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 26.8% during the third quarter. Belpointe Asset Management LLC now owns 185,127 shares of the exchange traded fund’s stock valued at $14,375,000 after purchasing an additional 39,122 shares during the period. Finally, Tandem Financial LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF during the third quarter worth approximately $648,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

VCLT opened at $76.42 on Friday. 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 company’s 50-day moving average is $76.50 and its 200 day moving average is $76.66.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be issued a dividend of $0.3456 per share. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date is Monday, February 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.