Northwestern Mutual Investment Management Company LLC Buys 51,600 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Northwestern Mutual Investment Management Company LLC boosted its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 4.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,265,890 shares of the exchange traded fund’s stock after purchasing an additional 51,600 shares during the quarter. Vanguard Long-Term Corporate Bond ETF accounts for about 1.1% of Northwestern Mutual Investment Management Company LLC’s portfolio, making the stock its 13th largest holding. Northwestern Mutual Investment Management Company LLC owned approximately 1.27% of Vanguard Long-Term Corporate Bond ETF worth $96,018,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of VCLT. Antonelli Financial Advisors LLC raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 10.2% in the 4th quarter. Antonelli Financial Advisors LLC now owns 92,056 shares of the exchange traded fund’s stock valued at $6,982,000 after buying an additional 8,519 shares in the last quarter. Mechanics Bank Trust Department raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 28.3% in the 4th quarter. Mechanics Bank Trust Department now owns 57,164 shares of the exchange traded fund’s stock valued at $4,336,000 after buying an additional 12,606 shares in the last quarter. Alesco Advisors LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at approximately $2,384,000. Barings LLC raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 150.8% in the 3rd quarter. Barings LLC now owns 89,940 shares of the exchange traded fund’s stock valued at $6,984,000 after buying an additional 54,084 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 4.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 339,840 shares of the exchange traded fund’s stock valued at $26,389,000 after buying an additional 15,504 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCLT opened at $73.81 on Friday. The firm has a 50 day moving average of $74.88 and a 200-day moving average of $76.07. Vanguard Long-Term Corporate Bond ETF has a 12 month low of $71.52 and a 12 month high of $79.28.

Vanguard Long-Term Corporate Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a $0.3274 dividend. The ex-dividend date was Friday, May 1st.

About Vanguard Long-Term Corporate Bond ETF

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.