Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Strong Trading Volume

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) shares saw strong trading volume on Wednesday . 1,056,029 shares traded hands during mid-day trading, a decline of 54% from the previous session’s volume of 2,279,352 shares.The stock last traded at $80.04 and had previously closed at $79.52.

Vanguard Long-Term Corporate Bond ETF Stock Performance

The firm’s 50-day simple moving average is $78.03 and its two-hundred day simple moving average is $76.97.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd will be given a $0.3255 dividend. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32. The ex-dividend date is Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth $1,664,000. Aveo Capital Partners LLC raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 6.8% during the 4th quarter. Aveo Capital Partners LLC now owns 87,062 shares of the exchange traded fund’s stock valued at $6,978,000 after buying an additional 5,580 shares during the last quarter. Private Advisor Group LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at about $390,000. Principal Securities Inc. acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at about $84,000. Finally, BNP Paribas Financial Markets grew its holdings in Vanguard Long-Term Corporate Bond ETF by 2,134.0% during the fourth quarter. BNP Paribas Financial Markets now owns 1,379,238 shares of the exchange traded fund’s stock worth $110,546,000 after acquiring an additional 1,317,500 shares during the period.

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.