Vanguard Long-Term Corporate Bond ETF $VCLT Stake Decreased by MIdWestOne Financial Group Inc.

MIdWestOne Financial Group Inc. lowered its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 15.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 208,197 shares of the exchange traded fund’s stock after selling 38,338 shares during the period. Vanguard Long-Term Corporate Bond ETF accounts for 1.8% of MIdWestOne Financial Group Inc.’s portfolio, making the stock its 10th largest position. MIdWestOne Financial Group Inc.’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $15,792,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. NYL Investors LLC raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 1.4% during the 4th quarter. NYL Investors LLC now owns 638,807 shares of the exchange traded fund’s stock valued at $48,454,000 after buying an additional 8,879 shares in the last quarter. Jessup Wealth Management Inc purchased a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth $36,000. Janney Montgomery Scott LLC raised its position in Vanguard Long-Term Corporate Bond ETF by 10.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 138,815 shares of the exchange traded fund’s stock worth $10,529,000 after purchasing an additional 13,600 shares during the period. Simplex Trading LLC raised its position in Vanguard Long-Term Corporate Bond ETF by 121.3% in the 4th quarter. Simplex Trading LLC now owns 1,027 shares of the exchange traded fund’s stock worth $78,000 after purchasing an additional 563 shares during the period. Finally, Cerity Partners LLC purchased a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter worth $1,574,000.

Vanguard Long-Term Corporate Bond ETF Trading Up 1.2%

Shares of NASDAQ:VCLT opened at $75.26 on Friday. The company’s fifty day moving average is $74.87 and its 200 day moving average is $75.72. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $72.92 and a 52 week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a dividend of $0.3551 per share. The ex-dividend date was Monday, June 1st. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33.

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.