Vanguard Long-Term Corporate Bond ETF $VCLT Shares Purchased by Sei Investments Co.

Sei Investments Co. raised its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 39.2% during the 1st quarter, HoldingsChannel reports. The firm owned 246,292 shares of the exchange traded fund’s stock after acquiring an additional 69,390 shares during the quarter. Sei Investments Co.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $18,403,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of VCLT. State of Tennessee Department of Treasury grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 8.2% in the fourth quarter. State of Tennessee Department of Treasury now owns 3,112,025 shares of the exchange traded fund’s stock valued at $237,167,000 after buying an additional 235,758 shares in the last quarter. Bank of America Corp DE boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 14.2% in 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 period. Allianz SE purchased a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth approximately $183,255,000. Wells Fargo & Company MN grew its position in Vanguard Long-Term Corporate Bond ETF by 3.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,719,661 shares of the exchange traded fund’s stock valued at $130,436,000 after acquiring an additional 57,497 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 4.2% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 1,265,890 shares of the exchange traded fund’s stock valued at $96,018,000 after purchasing an additional 51,600 shares during the period.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ VCLT opened at $72.01 on Thursday. The company’s fifty day simple moving average is $74.37 and its 200-day simple moving average is $75.17. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $71.94 and a 52 week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

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