Passumpsic Savings Bank Acquires New Shares in Vanguard Long-Term Corporate Bond ETF $VCLT

Passumpsic Savings Bank acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 133,951 shares of the exchange traded fund’s stock, valued at approximately $10,160,000. Vanguard Long-Term Corporate Bond ETF accounts for about 5.6% of Passumpsic Savings Bank’s investment portfolio, making the stock its 2nd biggest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VCLT. State Street Corp boosted its position in Vanguard Long-Term Corporate Bond ETF by 20.6% during the 2nd quarter. State Street Corp now owns 1,121,846 shares of the exchange traded fund’s stock valued at $85,148,000 after purchasing an additional 191,387 shares during the period. Sei Investments Co. boosted its position in Vanguard Long-Term Corporate Bond ETF by 55.6% during the 2nd quarter. Sei Investments Co. now owns 146,574 shares of the exchange traded fund’s stock valued at $11,125,000 after purchasing an additional 52,404 shares during the period. Alliancebernstein L.P. boosted its position in Vanguard Long-Term Corporate Bond ETF by 0.3% during the 2nd quarter. Alliancebernstein L.P. now owns 542,428 shares of the exchange traded fund’s stock valued at $41,170,000 after purchasing an additional 1,523 shares during the period. Bank of America Corp DE boosted its position in Vanguard Long-Term Corporate Bond ETF by 0.5% during the 2nd quarter. Bank of America Corp DE now owns 2,389,158 shares of the exchange traded fund’s stock valued at $181,337,000 after purchasing an additional 11,002 shares during the period. Finally, Orion Porfolio Solutions LLC boosted its position in Vanguard Long-Term Corporate Bond ETF by 21.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 7,704 shares of the exchange traded fund’s stock valued at $585,000 after purchasing an additional 1,335 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ:VCLT opened at $73.81 on Monday. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $71.52 and a 12-month high of $79.28. The business has a 50 day simple moving average of $74.88 and a 200 day simple moving average of $76.05.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a dividend of $0.3274 per share. The ex-dividend date was Friday, May 1st.

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. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.