Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Shares Sold by Dearborn Partners LLC

Dearborn Partners LLC cut its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 2.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,279 shares of the exchange traded fund’s stock after selling 425 shares during the quarter. Dearborn Partners LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,241,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VCLT. Prudential PLC lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 139.6% in the 2nd quarter. Prudential PLC now owns 35,808,945 shares of the exchange traded fund’s stock valued at $2,716,467,000 after purchasing an additional 20,861,365 shares in the last quarter. International Assets Investment Management LLC raised its holdings in Vanguard Long-Term Corporate Bond ETF by 255,209.3% in the 3rd quarter. International Assets Investment Management LLC now owns 661,251 shares of the exchange traded fund’s stock valued at $53,713,000 after acquiring an additional 660,992 shares during the last quarter. Assetmark Inc. boosted its stake in Vanguard Long-Term Corporate Bond ETF by 62.5% during the third quarter. Assetmark Inc. now owns 1,199,131 shares of the exchange traded fund’s stock worth $97,405,000 after buying an additional 461,290 shares during the last quarter. Angeles Investment Advisors LLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 40.8% during the 3rd quarter. Angeles Investment Advisors LLC now owns 1,425,000 shares of the exchange traded fund’s stock valued at $115,753,000 after acquiring an additional 413,000 shares during the last quarter. Finally, Alerus Financial NA grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 5,772.8% in the first quarter. Alerus Financial NA now owns 387,429 shares of the exchange traded fund’s stock valued at $30,309,000 after purchasing an additional 380,832 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ:VCLT opened at $76.64 on Friday. The stock’s fifty day moving average is $79.51 and its two-hundred day moving average is $78.03. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $72.06 and a 52 week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.3375 dividend. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33. The ex-dividend date was Friday, November 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.