Courier Capital LLC Buys 17,794 Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Courier Capital LLC lifted its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 141.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 30,340 shares of the exchange traded fund’s stock after purchasing an additional 17,794 shares during the quarter. Courier Capital LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $2,303,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Principal Securities Inc. boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 28.2% in the fourth quarter. Principal Securities Inc. now owns 1,913 shares of the exchange traded fund’s stock valued at $143,000 after buying an additional 421 shares during the period. Invesco Ltd. boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 2.7% in the fourth quarter. Invesco Ltd. now owns 62,621 shares of the exchange traded fund’s stock valued at $4,683,000 after buying an additional 1,671 shares during the period. United Services Automobile Association boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 1.6% in the fourth quarter. United Services Automobile Association now owns 189,350 shares of the exchange traded fund’s stock valued at $14,160,000 after buying an additional 2,937 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 230.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,967 shares of the exchange traded fund’s stock valued at $1,044,000 after buying an additional 9,736 shares during the period. Finally, Cerity Partners LLC bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at approximately $213,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ VCLT opened at $73.75 on Tuesday. The business has a fifty day moving average price of $73.50 and a two-hundred day moving average price of $75.09. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $70.61 and a fifty-two week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.3697 per share. The ex-dividend date was Monday, June 2nd. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.36. This represents a $4.44 annualized dividend and a yield of 6.02%.

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.