Northwestern Mutual Investment Management Company LLC Buys 51,600 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 4.2% during the 4th quarter, HoldingsChannel reports. The firm owned 1,265,890 shares of the exchange traded fund’s stock after acquiring an additional 51,600 shares during the period. Vanguard Long-Term Corporate Bond ETF comprises 1.1% of Northwestern Mutual Investment Management Company LLC’s investment portfolio, making the stock its 13th largest position. Northwestern Mutual Investment Management Company LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $96,018,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 216.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 84,569 shares of the exchange traded fund’s stock valued at $6,415,000 after purchasing an additional 57,821 shares during the last quarter. Blue Water Asset Management bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at approximately $370,000. Thrivent Financial for Lutherans bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at approximately $5,220,000. Berkeley Capital Partners LLC grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 1.6% during the 4th quarter. Berkeley Capital Partners LLC now owns 212,919 shares of the exchange traded fund’s stock valued at $16,150,000 after purchasing an additional 3,287 shares during the last quarter. Finally, Atria Investments Inc grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 3.7% during the 4th quarter. Atria Investments Inc now owns 58,146 shares of the exchange traded fund’s stock valued at $4,410,000 after purchasing an additional 2,074 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Down 1.0%

Shares of Vanguard Long-Term Corporate Bond ETF stock opened at $73.81 on Friday. The firm’s 50 day moving average is $74.88 and its 200 day moving average is $76.07. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $71.52 and a 1 year high of $79.28.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a dividend of $0.3274 per share. The ex-dividend date of this dividend was Friday, May 1st.

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.