Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Large Volume Increase

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) saw unusually-high trading volume on Thursday . Approximately 204,464 shares traded hands during trading, a decline of 53% from the previous session’s volume of 438,219 shares.The stock last traded at $102.54 and had previously closed at $102.49.

The company has a 50 day moving average price of $101.75 and a 200 day moving average price of $100.23.

The firm also recently announced a monthly dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a dividend of $0.33 per share. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a $3.96 annualized dividend and a dividend yield of 3.86%. The ex-dividend date was Monday, December 23rd.

Several institutional investors have recently added to or reduced their stakes in the company. PFG Advisors purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at approximately $211,000. First United Bank Trust lifted its stake in Vanguard Long-Term Corporate Bond ETF by 131.8% during the fourth quarter. First United Bank Trust now owns 5,145 shares of the exchange traded fund’s stock worth $521,000 after purchasing an additional 2,925 shares during the last quarter. LFA Lugano Financial Advisors SA bought a new position in Vanguard Long-Term Corporate Bond ETF during the fourth quarter worth $2,508,000. LifePlan Financial Group Inc lifted its stake in Vanguard Long-Term Corporate Bond ETF by 49.2% during the fourth quarter. LifePlan Financial Group Inc now owns 6,616 shares of the exchange traded fund’s stock worth $671,000 after purchasing an additional 2,183 shares during the last quarter. Finally, Rockland Trust Co. lifted its stake in Vanguard Long-Term Corporate Bond ETF by 9.9% during the fourth quarter. Rockland Trust Co. now owns 19,468 shares of the exchange traded fund’s stock worth $1,973,000 after purchasing an additional 1,756 shares during the last quarter.

About Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

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.

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