Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Reaches New 1-Year Low – What’s Next?

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)’s stock price hit a new 52-week low on Friday . The company traded as low as $73.13 and last traded at $73.43, with a volume of 131680 shares traded. The stock had previously closed at $73.85.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.6 %

The business has a 50-day moving average price of $76.64 and a two-hundred day moving average price of $78.11.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.3563 dividend. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.34. The ex-dividend date of this dividend was Tuesday, December 24th.

Institutional Investors Weigh In On Vanguard Long-Term Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Headlands Technologies LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF during the 2nd quarter valued at about $152,000. LPL Financial LLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 40.3% during the second quarter. LPL Financial LLC now owns 529,904 shares of the exchange traded fund’s stock valued at $40,199,000 after buying an additional 152,204 shares during the last quarter. Ocean Park Asset Management LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF during the second quarter worth $15,483,000. Angeles Investment Advisors LLC raised its position in Vanguard Long-Term Corporate Bond ETF by 37.9% in the 2nd quarter. Angeles Investment Advisors LLC now owns 1,012,000 shares of the exchange traded fund’s stock valued at $76,770,000 after buying an additional 278,000 shares during the last quarter. Finally, Johns Hopkins University raised its position in Vanguard Long-Term Corporate Bond ETF by 1.0% in the 2nd quarter. Johns Hopkins University now owns 5,290,374 shares of the exchange traded fund’s stock valued at $401,328,000 after buying an additional 53,555 shares during the last quarter.

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.