Alliancebernstein L.P. Invests $40.66 Million in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Alliancebernstein L.P. bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 543,784 shares of the exchange traded fund’s stock, valued at approximately $40,664,000. Alliancebernstein L.P. owned approximately 0.29% of Vanguard Long-Term Corporate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. RiverFront Investment Group LLC increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 3.9% in the fourth quarter. RiverFront Investment Group LLC now owns 228,265 shares of the exchange traded fund’s stock worth $17,070,000 after purchasing an additional 8,630 shares during the last quarter. Alerus Financial NA increased its stake in Vanguard Long-Term Corporate Bond ETF by 1.9% in the 4th quarter. Alerus Financial NA now owns 405,868 shares of the exchange traded fund’s stock worth $30,351,000 after acquiring an additional 7,602 shares during the last quarter. Orion Portfolio Solutions LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth approximately $470,000. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 316.7% during the 4th quarter. JPMorgan Chase & Co. now owns 1,428,383 shares of the exchange traded fund’s stock worth $106,814,000 after acquiring an additional 1,085,608 shares in the last quarter. Finally, Sellwood Investment Partners LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at approximately $6,398,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT opened at $76.12 on Friday. The company’s fifty day moving average is $75.89 and its 200 day moving average is $76.88. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $72.86 and a fifty-two week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a $0.3544 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.31. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.59%.

Vanguard Long-Term Corporate Bond ETF Company 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.