Royal Bank of Canada Acquires 212,997 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Royal Bank of Canada lifted its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 33.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 852,628 shares of the exchange traded fund’s stock after purchasing an additional 212,997 shares during the period. Royal Bank of Canada’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $63,708,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State of Tennessee Department of Treasury increased its holdings in Vanguard Long-Term Corporate Bond ETF by 8.2% during 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 during the period. Bank of America Corp DE lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 14.2% during the third quarter. Bank of America Corp DE now owns 2,728,943 shares of the exchange traded fund’s stock worth $211,902,000 after buying an additional 339,785 shares during the period. Allianz SE bought a new stake in Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at $183,255,000. Wells Fargo & Company MN boosted its position in Vanguard Long-Term Corporate Bond ETF by 3.5% during the 4th 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 increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 4.2% in the 4th 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 acquiring an additional 51,600 shares during the period.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.4%

Shares of NASDAQ:VCLT opened at $71.96 on Friday. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $71.74 and a 12-month high of $79.28. The business’s fifty day simple moving average is $74.28 and its 200-day simple moving average is $75.11.

Vanguard Long-Term Corporate Bond ETF Dividend Announcement

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

About Vanguard Long-Term Corporate Bond ETF

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.