Royal Bank of Canada Raises Stock Holdings in Vanguard Long-Term Corporate Bond ETF $VCLT

Royal Bank of Canada increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 33.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 852,628 shares of the exchange traded fund’s stock after acquiring an additional 212,997 shares during the period. Royal Bank of Canada owned about 0.86% of Vanguard Long-Term Corporate Bond ETF worth $63,708,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Friedenthal Financial grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 51.5% in the fourth quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 159 shares during the last quarter. Jessup Wealth Management Inc purchased a new stake in Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at about $36,000. Entrust Financial LLC bought a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth about $40,000. Qube Research & Technologies Ltd bought a new position in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter worth about $65,000. Finally, US Bancorp DE grew its stake in Vanguard Long-Term Corporate Bond ETF by 1,700.0% in 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 Stock Performance

VCLT opened at $71.96 on Friday. The stock’s fifty day moving average is $74.28 and its two-hundred day moving average is $75.11. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $71.74 and a 52 week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

The company also recently declared 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. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 5.7%.

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.