Dai ichi Life Insurance Company Ltd Acquires 2,502 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Dai ichi Life Insurance Company Ltd increased its holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 0.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,194,582 shares of the exchange traded fund’s stock after buying an additional 2,502 shares during the period. Vanguard Long-Term Corporate Bond ETF accounts for about 4.1% of Dai ichi Life Insurance Company Ltd’s portfolio, making the stock its 3rd biggest position. Dai ichi Life Insurance Company Ltd’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $166,481,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of VCLT. LPL Financial LLC lifted its stake in Vanguard Long-Term Corporate Bond ETF by 40.3% in the 2nd quarter. LPL Financial LLC now owns 529,904 shares of the exchange traded fund’s stock worth $40,199,000 after purchasing an additional 152,204 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 2nd quarter valued at about $152,000. Prudential PLC increased its position in Vanguard Long-Term Corporate Bond ETF by 139.6% in the 2nd quarter. Prudential PLC now owns 35,808,945 shares of the exchange traded fund’s stock valued at $2,716,467,000 after acquiring an additional 20,861,365 shares during the period. SouthState Corp purchased a new position in Vanguard Long-Term Corporate Bond ETF during the 2nd quarter worth $37,000. Finally, Nottingham Advisors Inc. lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 4.2% in the 2nd quarter. Nottingham Advisors Inc. now owns 205,512 shares of the exchange traded fund’s stock valued at $15,590,000 after buying an additional 8,357 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Performance

VCLT opened at $81.60 on Friday. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $67.47 and a 1-year high of $81.78. The stock’s 50 day simple moving average is $78.82 and its 200 day simple moving average is $77.19.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a $0.3255 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32.

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.