Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Shares Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. boosted its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 7.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 32,965 shares of the exchange traded fund’s stock after acquiring an additional 2,408 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,502,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Pinney & Scofield Inc. acquired a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth $44,000. Beacon Capital Management LLC bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 1st quarter worth about $63,000. Creative Financial Designs Inc. ADV increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 1,025.0% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the exchange traded fund’s stock worth $137,000 after purchasing an additional 1,640 shares during the last quarter. BTG Pactual Asset Management US LLC bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth about $153,000. Finally, Glass Jacobson Investment Advisors llc increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 89.8% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 2,270 shares of the exchange traded fund’s stock worth $170,000 after purchasing an additional 1,074 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

VCLT opened at $74.29 on Tuesday. The company has a 50-day moving average of $74.08 and a 200-day moving average of $74.66. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $70.61 and a 1-year high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were given a $0.3393 dividend. This represents a $4.07 annualized dividend and a dividend yield of 5.48%. The ex-dividend date of this dividend was Tuesday, July 1st.

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.