Prudential PLC Has $6.43 Billion Stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Prudential PLC increased its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 0.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 84,644,539 shares of the exchange traded fund’s stock after buying an additional 785,860 shares during the quarter. Vanguard Long-Term Corporate Bond ETF comprises approximately 32.4% of Prudential PLC’s holdings, making the stock its largest holding. Prudential PLC owned approximately 46.38% of Vanguard Long-Term Corporate Bond ETF worth $6,425,367,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Pinney & Scofield Inc. purchased a new stake in Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth $44,000. Beacon Capital Management LLC purchased a new stake in Vanguard Long-Term Corporate Bond ETF in the first quarter worth $63,000. SSA Swiss Advisors AG purchased a new stake in Vanguard Long-Term Corporate Bond ETF in the first quarter worth $75,000. Banque Cantonale Vaudoise purchased a new stake in Vanguard Long-Term Corporate Bond ETF in the first quarter worth $119,000. Finally, Creative Financial Designs Inc. ADV increased its stake in Vanguard Long-Term Corporate Bond ETF by 1,025.0% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the exchange traded fund’s stock worth $137,000 after purchasing an additional 1,640 shares during the period.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.2%

VCLT stock opened at $75.78 on Tuesday. The business’s fifty day simple moving average is $74.89 and its two-hundred day simple moving average is $74.78. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $70.61 and a twelve month high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, August 5th. Stockholders of record on Friday, August 1st were paid a dividend of $0.4247 per share. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.34. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date was Friday, August 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.