Vanguard Long-Term Corporate Bond ETF $VCLT Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 296.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 681,612 shares of the exchange traded fund’s stock after purchasing an additional 509,611 shares during the quarter. PNC Financial Services Group Inc. owned about 0.69% of Vanguard Long-Term Corporate Bond ETF worth $50,930,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Friedenthal Financial lifted its position in Vanguard Long-Term Corporate Bond ETF by 51.5% during the 4th quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 159 shares during the period. Jessup Wealth Management Inc purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth about $36,000. Entrust Financial LLC purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth about $40,000. Qube Research & Technologies Ltd acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the third quarter worth about $65,000. Finally, US Bancorp DE lifted its holdings in shares of 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 during the period.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.5%

Shares of NASDAQ:VCLT opened at $72.26 on Friday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.08 and a twelve month high of $79.28. The company’s 50 day moving average is $74.47 and its 200 day moving average is $75.27.

Vanguard Long-Term Corporate Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.3422 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%.

Vanguard Long-Term Corporate Bond ETF Company 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.