Mechanics Bank Trust Department Has $928,000 Stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Mechanics Bank Trust Department grew its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 10.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,415 shares of the exchange traded fund’s stock after purchasing an additional 1,130 shares during the period. Mechanics Bank Trust Department’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $928,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC grew its holdings in shares of 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 in the last quarter. Assetmark Inc. boosted its position 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 valued at $97,405,000 after purchasing an additional 461,290 shares during the last quarter. Angeles Investment Advisors LLC grew its stake in Vanguard Long-Term Corporate Bond ETF by 40.8% in the third quarter. Angeles Investment Advisors LLC now owns 1,425,000 shares of the exchange traded fund’s stock valued at $115,753,000 after purchasing an additional 413,000 shares in the last quarter. Sanctuary Advisors LLC grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 206.5% in the third quarter. Sanctuary Advisors LLC now owns 432,910 shares of the exchange traded fund’s stock valued at $33,209,000 after buying an additional 291,646 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its position in Vanguard Long-Term Corporate Bond ETF by 1,479.4% during the third quarter. Benjamin Edwards Inc. now owns 291,122 shares of the exchange traded fund’s stock worth $23,648,000 after acquiring an additional 272,690 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of VCLT opened at $74.67 on Monday. The firm has a 50-day moving average of $76.28 and a 200-day moving average of $78.05. Vanguard Long-Term Corporate Bond ETF has a one year low of $72.86 and a one year high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a dividend of $0.3563 per share. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.34. The ex-dividend date of this dividend was Tuesday, December 24th.

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.