State of Tennessee Department of Treasury Raises Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

State of Tennessee Department of Treasury raised its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 15.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,525,479 shares of the exchange traded fund’s stock after purchasing an additional 608,967 shares during the period. Vanguard Long-Term Corporate Bond ETF comprises 1.2% of State of Tennessee Department of Treasury’s investment portfolio, making the stock its 14th biggest position. State of Tennessee Department of Treasury owned approximately 2.44% of Vanguard Long-Term Corporate Bond ETF worth $338,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. PSI Advisors LLC raised its holdings in Vanguard Long-Term Corporate Bond ETF by 37.1% in the fourth quarter. PSI Advisors LLC now owns 599 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 162 shares in the last quarter. United Community Bank increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 444.4% in the 4th 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 shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at approximately $52,000. Principal Securities Inc. raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 28.2% in the 4th quarter. Principal Securities Inc. now owns 1,913 shares of the exchange traded fund’s stock valued at $143,000 after purchasing an additional 421 shares in the last quarter. Finally, BTG Pactual Asset Management US LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 4th quarter worth $153,000.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.4 %

Shares of VCLT stock opened at $73.51 on Monday. The firm has a fifty day moving average price of $75.35 and a 200 day moving average price of $76.20. 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 firm also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.3544 per share. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.31. This represents a $4.25 annualized dividend and a dividend yield of 5.79%. The ex-dividend date of this dividend was Tuesday, April 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.