Janney Montgomery Scott LLC Has $9.76 Million Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Janney Montgomery Scott LLC lessened its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 5.9% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 130,602 shares of the exchange traded fund’s stock after selling 8,213 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $9,759,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VCLT. State of Tennessee Department of Treasury grew its stake in Vanguard Long-Term Corporate Bond ETF by 8.2% in the 4th quarter. State of Tennessee Department of Treasury now owns 3,112,025 shares of the exchange traded fund’s stock valued at $237,167,000 after buying an additional 235,758 shares during the last quarter. Bank of America Corp DE lifted its position in 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 acquiring an additional 339,785 shares during the last quarter. Allianz SE bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter worth approximately $183,255,000. Wells Fargo & Company MN boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 3.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,719,661 shares of the exchange traded fund’s stock worth $130,436,000 after acquiring an additional 57,497 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 4.2% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 1,265,890 shares of the exchange traded fund’s stock worth $96,018,000 after acquiring an additional 51,600 shares during the period.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.2%

Shares of NASDAQ VCLT opened at $74.81 on Friday. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $72.92 and a 1-year high of $79.28. The business’s 50 day moving average is $74.90 and its 200-day moving average is $75.55.

Vanguard Long-Term Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be issued a $0.3422 dividend. This represents a c) dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is 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.