Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Large Volume Increase – Still a Buy?

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) shares saw unusually-strong trading volume on Wednesday . Approximately 913,296 shares traded hands during mid-day trading, a decline of 33% from the previous session’s volume of 1,365,409 shares.The stock last traded at $73.59 and had previously closed at $73.67.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.6 %

The firm’s fifty day moving average is $76.70 and its 200-day moving average is $78.13.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.3563 per share. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.34.

Hedge Funds Weigh In On Vanguard Long-Term Corporate Bond ETF

Institutional investors have recently made changes to their positions in the stock. Johns Hopkins University increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 1.0% during the second quarter. Johns Hopkins University now owns 5,290,374 shares of the exchange traded fund’s stock worth $401,328,000 after acquiring an additional 53,555 shares in the last quarter. Dai ichi Life Insurance Company Ltd grew its position in Vanguard Long-Term Corporate Bond ETF by 2.2% in the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 2,243,860 shares of the exchange traded fund’s stock worth $182,269,000 after purchasing an additional 49,278 shares in the last quarter. Angeles Investment Advisors LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 40.8% in the 3rd quarter. Angeles Investment Advisors LLC now owns 1,425,000 shares of the exchange traded fund’s stock worth $115,753,000 after purchasing an additional 413,000 shares in the last quarter. Assetmark Inc. grew its position in Vanguard Long-Term Corporate Bond ETF by 62.5% in the 3rd quarter. Assetmark Inc. now owns 1,199,131 shares of the exchange traded fund’s stock worth $97,405,000 after purchasing an additional 461,290 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in Vanguard Long-Term Corporate Bond ETF by 255,209.3% in the 3rd quarter. International Assets Investment Management LLC now owns 661,251 shares of the exchange traded fund’s stock worth $53,713,000 after purchasing an additional 660,992 shares in the last quarter.

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.