Principal Financial Group Inc. Sells 197,819 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Principal Financial Group Inc. reduced its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 90.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the exchange traded fund’s stock after selling 197,819 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,496,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Robertson Stephens Wealth Management LLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 0.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 19,753 shares of the exchange traded fund’s stock worth $1,477,000 after buying an additional 159 shares during the period. PSI Advisors LLC grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 37.1% during the 4th quarter. PSI Advisors LLC now owns 599 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 162 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 0.6% in the fourth quarter. Blue Trust Inc. now owns 28,069 shares of the exchange traded fund’s stock valued at $2,280,000 after purchasing an additional 171 shares during the last quarter. Mutual Advisors LLC boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 9.2% during the fourth quarter. Mutual Advisors LLC now owns 3,348 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 282 shares during the last quarter. Finally, First National Trust Co grew its position in Vanguard Long-Term Corporate Bond ETF by 7.7% in the third quarter. First National Trust Co now owns 4,934 shares of the exchange traded fund’s stock valued at $401,000 after purchasing an additional 354 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.4 %

Shares of VCLT stock opened at $76.54 on Thursday. The firm’s fifty day moving average price is $75.26 and its two-hundred day moving average price is $77.62. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $72.86 and a 1 year high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.3032 dividend. The ex-dividend date of this dividend was Monday, March 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.