Alerus Financial NA Acquires 7,602 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Alerus Financial NA increased its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 405,868 shares of the exchange traded fund’s stock after acquiring an additional 7,602 shares during the quarter. Vanguard Long-Term Corporate Bond ETF makes up about 2.3% of Alerus Financial NA’s portfolio, making the stock its 11th largest position. Alerus Financial NA owned approximately 0.22% of Vanguard Long-Term Corporate Bond ETF worth $30,351,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VCLT. Citigroup Inc. lifted its stake in Vanguard Long-Term Corporate Bond ETF by 935.9% during the 3rd quarter. Citigroup Inc. now owns 225,324 shares of the exchange traded fund’s stock valued at $18,303,000 after acquiring an additional 203,573 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 11.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 658,400 shares of the exchange traded fund’s stock worth $53,482,000 after buying an additional 66,524 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 21.6% in the third quarter. Captrust Financial Advisors now owns 3,829 shares of the exchange traded fund’s stock valued at $311,000 after acquiring an additional 681 shares in the last quarter. Tradition Wealth Management LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the third quarter valued at approximately $1,330,000. Finally, Benjamin Edwards Inc. boosted its position in Vanguard Long-Term Corporate Bond ETF by 1,479.4% in the third quarter. Benjamin Edwards Inc. now owns 291,122 shares of the exchange traded fund’s stock worth $23,648,000 after purchasing an additional 272,690 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.3 %

Shares of NASDAQ:VCLT opened at $74.99 on Friday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.86 and a twelve month high of $82.63. The company has a 50-day moving average price of $75.76 and a two-hundred day moving average price of $77.15.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.3032 dividend. The ex-dividend date was Monday, March 3rd.

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.