Manning & Napier Advisors LLC Boosts Stock Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Manning & Napier Advisors LLC raised its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 461.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 81,471 shares of the exchange traded fund’s stock after purchasing an additional 66,964 shares during the quarter. Manning & Napier Advisors LLC owned 0.08% of Vanguard Long-Term Corporate Bond ETF worth $6,088,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Friedenthal Financial grew its position in Vanguard Long-Term Corporate Bond ETF by 51.5% in the 4th quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 159 shares during the last quarter. Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth $36,000. Entrust Financial LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at about $40,000. Qube Research & Technologies Ltd acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF during the third quarter worth about $65,000. Finally, US Bancorp DE raised its holdings in Vanguard Long-Term Corporate Bond ETF by 1,700.0% during the third quarter. US Bancorp DE now owns 846 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 799 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ:VCLT traded down $0.23 during mid-day trading on Friday, reaching $73.52. The stock had a trading volume of 2,960,736 shares, compared to its average volume of 5,757,926. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.92 and a twelve month high of $79.28. The business has a 50 day simple moving average of $74.77 and a 200 day simple moving average of $75.47.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.3422 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

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. 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.