Industrial Alliance Investment Management Inc. Has $986,000 Stake in Vanguard Long-Term Corporate Bond ETF $VCLT

Industrial Alliance Investment Management Inc. raised its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 121.6% during the 1st quarter, HoldingsChannel reports. The firm owned 13,195 shares of the exchange traded fund’s stock after purchasing an additional 7,240 shares during the quarter. Vanguard Long-Term Corporate Bond ETF comprises 0.6% of Industrial Alliance Investment Management Inc.’s holdings, making the stock its 7th biggest position. Industrial Alliance Investment Management Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $986,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Allianz SE bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter worth $183,255,000. Millennium Management LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at $94,119,000. Jefferies Financial Group Inc. bought a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth $41,145,000. JPMorgan Chase & Co. lifted its position in Vanguard Long-Term Corporate Bond ETF by 182.2% during the 4th quarter. JPMorgan Chase & Co. now owns 632,193 shares of the exchange traded fund’s stock worth $47,952,000 after acquiring an additional 408,177 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in Vanguard Long-Term Corporate Bond ETF by 14.2% during the 3rd quarter. Bank of America Corp DE now owns 2,728,943 shares of the exchange traded fund’s stock worth $211,902,000 after acquiring an additional 339,785 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

VCLT stock opened at $75.25 on Wednesday. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $72.92 and a 52-week high of $79.28. The company has a 50-day moving average of $74.93 and a two-hundred day moving average of $75.57.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a dividend of $0.3551 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33.

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.