Mechanics Bank Trust Department Raises Stock Holdings in Vanguard Long-Term Corporate Bond ETF $VCLT

Mechanics Bank Trust Department grew its position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 16.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,544 shares of the exchange traded fund’s stock after acquiring an additional 10,886 shares during the quarter. Mechanics Bank Trust Department owned about 0.07% of Vanguard Long-Term Corporate Bond ETF worth $5,685,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. State of Tennessee Department of Treasury boosted its stake in shares of 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 worth $237,167,000 after buying an additional 235,758 shares during the period. Bank of America Corp DE grew its holdings in shares of 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 last quarter. Allianz SE acquired a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at about $183,255,000. Wells Fargo & Company MN increased its position in Vanguard Long-Term Corporate Bond ETF by 3.5% in 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 during the period. Finally, Northwestern Mutual Investment Management Company LLC raised its stake in Vanguard Long-Term Corporate Bond ETF by 4.2% during 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 last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.0%

Vanguard Long-Term Corporate Bond ETF stock opened at $72.60 on Thursday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $71.74 and a twelve month high of $79.28. The stock has a 50 day moving average of $74.14 and a two-hundred day moving average of $75.01.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.3502 per share. This represents a c) annualized dividend and a dividend yield of 5.8%. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.34. The ex-dividend date was Monday, August 3rd.

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.