Invesco Ltd. Raises Stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Invesco Ltd. boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 2.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 62,621 shares of the exchange traded fund’s stock after purchasing an additional 1,671 shares during the period. Invesco Ltd.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $4,683,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in VCLT. PSI Advisors LLC lifted its position 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 valued at $45,000 after buying an additional 162 shares during the last quarter. United Community Bank lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 444.4% during the fourth quarter. United Community Bank now owns 637 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 520 shares during the last quarter. Mainstream Capital Management LLC purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at about $52,000. Principal Securities Inc. boosted its position in Vanguard Long-Term Corporate Bond ETF by 28.2% during the fourth quarter. Principal Securities Inc. now owns 1,913 shares of the exchange traded fund’s stock worth $143,000 after purchasing an additional 421 shares during the period. Finally, Resona Asset Management Co. Ltd. purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth about $172,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT stock opened at $74.77 on Friday. The firm’s 50 day moving average is $75.14 and its 200 day moving average is $76.01. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $70.61 and a 12 month high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a $0.3544 dividend. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.31. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.