Envestnet Asset Management Inc. Has $43.07 Million Stock Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Envestnet Asset Management Inc. lowered its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 10.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 575,922 shares of the exchange traded fund’s stock after selling 70,682 shares during the period. Envestnet Asset Management Inc. owned approximately 0.31% of Vanguard Long-Term Corporate Bond ETF worth $43,067,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Resona Asset Management Co. Ltd. acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter worth approximately $172,000. Wells Fargo & Company MN grew its holdings in Vanguard Long-Term Corporate Bond ETF by 38.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,692,307 shares of the exchange traded fund’s stock worth $126,551,000 after purchasing an additional 466,240 shares during the period. Prudential PLC increased its stake in Vanguard Long-Term Corporate Bond ETF by 9.5% in the fourth quarter. Prudential PLC now owns 83,858,679 shares of the exchange traded fund’s stock valued at $6,270,952,000 after purchasing an additional 7,307,685 shares in the last quarter. Alliancebernstein L.P. acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at about $40,664,000. Finally, RiverFront Investment Group LLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 3.9% during the 4th 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 in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT opened at $72.12 on Friday. Vanguard Long-Term Corporate Bond ETF has a one year low of $70.77 and a one year high of $82.63. The stock has a 50-day moving average of $75.63 and a 200-day moving average of $76.57.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.3544 dividend. This represents a $4.25 dividend on an annualized basis and a yield of 5.90%. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.31.

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.