Principal Financial Group Inc. Sells 10,000 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Principal Financial Group Inc. decreased its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 20.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,000 shares of the exchange traded fund’s stock after selling 10,000 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,914,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of VCLT. Friedenthal Financial grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 51.5% during the 4th quarter. Friedenthal Financial now owns 468 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 159 shares in the last quarter. Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at approximately $36,000. Entrust Financial LLC bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at approximately $40,000. Qube Research & Technologies Ltd bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the third quarter valued at approximately $65,000. Finally, US Bancorp DE grew its position in Vanguard Long-Term Corporate Bond ETF by 1,700.0% during the third quarter. US Bancorp DE now owns 846 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 799 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCLT opened at $72.01 on Thursday. The business’s 50 day simple moving average is $74.37 and its 200 day simple moving average is $75.17. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $71.94 and a 1 year high of $79.28.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

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

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.