Dow Chemical Co. DE Grows Stock Holdings in Vanguard Long-Term Corporate Bond ETF $VCLT

Dow Chemical Co. DE boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 19.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 315,792 shares of the exchange traded fund’s stock after buying an additional 51,571 shares during the period. Vanguard Long-Term Corporate Bond ETF makes up about 9.4% of Dow Chemical Co. DE’s holdings, making the stock its 2nd largest holding. Dow Chemical Co. DE’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $24,521,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Gallagher Fiduciary Advisors LLC increased its stake in Vanguard Long-Term Corporate Bond ETF by 19,539.6% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 59,297,124 shares of the exchange traded fund’s stock worth $4,500,652,000 after acquiring an additional 58,995,198 shares during the last quarter. State of Tennessee Department of Treasury boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 3.9% during the 2nd quarter. State of Tennessee Department of Treasury now owns 2,827,927 shares of the exchange traded fund’s stock valued at $214,640,000 after acquiring an additional 107,304 shares during the last quarter. Bank of America Corp DE boosted its position in shares of 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 acquiring an additional 11,002 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 2.6% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,274,819 shares of the exchange traded fund’s stock worth $172,659,000 after purchasing an additional 58,135 shares in the last quarter. Finally, Country Trust Bank purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF during the third quarter worth about $150,058,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

VCLT stock opened at $73.78 on Friday. The company’s 50 day moving average is $76.43 and its 200 day moving average is $76.89. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $70.61 and a 1-year high of $79.28.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.3181 dividend. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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. 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.