Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Large Volume Increase – Here’s What Happened

Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) saw unusually-strong trading volume on Tuesday . Approximately 2,379,269 shares changed hands during trading, an increase of 7% from the previous session’s volume of 2,228,029 shares.The stock last traded at $73.00 and had previously closed at $73.11.

Vanguard Long-Term Corporate Bond ETF Price Performance

The stock’s 50-day simple moving average is $76.35 and its 200 day simple moving average is $78.03.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.3563 dividend. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.34. The ex-dividend date of this dividend was Tuesday, December 24th.

Institutional Investors Weigh In On Vanguard Long-Term Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Benjamin F. Edwards & Company Inc. increased its stake in shares of Vanguard Long-Term Corporate Bond ETF by 4.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 261,320 shares of the exchange traded fund’s stock valued at $19,823,000 after buying an additional 11,434 shares in the last quarter. Benjamin Edwards Inc. increased its position in Vanguard Long-Term Corporate Bond ETF by 15.3% in the 2nd quarter. Benjamin Edwards Inc. now owns 18,432 shares of the exchange traded fund’s stock valued at $1,398,000 after acquiring an additional 2,447 shares in the last quarter. Ranch Capital Advisors Inc. raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 4.2% in the second quarter. Ranch Capital Advisors Inc. now owns 19,202 shares of the exchange traded fund’s stock worth $1,457,000 after acquiring an additional 772 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 17,404 shares of the exchange traded fund’s stock worth $1,320,000 after purchasing an additional 217 shares in the last quarter. Finally, 1832 Asset Management L.P. grew its stake in shares of Vanguard Long-Term Corporate Bond ETF by 0.4% during the second quarter. 1832 Asset Management L.P. now owns 342,342 shares of the exchange traded fund’s stock valued at $25,970,000 after purchasing an additional 1,356 shares during 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.