Allspring Global Investments Holdings LLC Sells 75,947 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Allspring Global Investments Holdings LLC reduced its holdings in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 10.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 643,412 shares of the exchange traded fund’s stock after selling 75,947 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.62% of Vanguard Long-Term Corporate Bond ETF worth $50,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Echo Wealth Management LLC purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the 4th quarter valued at $2,055,000. Manning & Napier Group LLC lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 0.3% in the fourth quarter. Manning & Napier Group LLC now owns 102,456 shares of the exchange traded fund’s stock valued at $8,212,000 after acquiring an additional 276 shares during the period. Chesapeake Capital Corp IL purchased a new position in Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth about $1,564,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 32.8% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 44,645 shares of the exchange traded fund’s stock valued at $3,578,000 after purchasing an additional 11,017 shares during the period. Finally, Sumitomo Mitsui Financial Group Inc. increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 1.3% during the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 89,396 shares of the exchange traded fund’s stock valued at $7,165,000 after purchasing an additional 1,116 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

VCLT opened at $76.30 on Thursday. The company’s 50 day moving average is $76.08 and its 200 day moving average is $77.15. Vanguard Long-Term Corporate Bond ETF has a 12-month low of $67.47 and a 12-month high of $81.11.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a dividend of $0.3243 per share. The ex-dividend date was Monday, July 1st. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32.

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.