Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Stake Reduced by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. cut its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 34.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,000 shares of the exchange traded fund’s stock after selling 7,200 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,122,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VCLT. Cullen Frost Bankers Inc. purchased a new position in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter worth about $31,000. Tennessee Valley Asset Management Partners purchased a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth about $36,000. Fifth Third Bancorp increased its stake in Vanguard Long-Term Corporate Bond ETF by 29.5% in the 3rd quarter. Fifth Third Bancorp now owns 738 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 168 shares in the last quarter. Global Retirement Partners LLC increased its stake in Vanguard Long-Term Corporate Bond ETF by 116.8% in the 4th quarter. Global Retirement Partners LLC now owns 915 shares of the exchange traded fund’s stock worth $72,000 after purchasing an additional 493 shares in the last quarter. Finally, VitalStone Financial LLC increased its stake in Vanguard Long-Term Corporate Bond ETF by 65.7% in the 3rd quarter. VitalStone Financial LLC now owns 926 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 367 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of VCLT opened at $74.09 on Thursday. The business’s 50-day moving average price is $76.68 and its 200 day moving average price is $76.00. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $67.47 and a 1-year high of $81.11.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.3181 dividend. The ex-dividend date of this dividend was Monday, April 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.