Mechanics Bank Trust Department Buys 18,898 Shares of Vanguard Long-Term Corporate Bond ETF $VCLT

Mechanics Bank Trust Department lifted its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 73.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44,558 shares of the exchange traded fund’s stock after buying an additional 18,898 shares during the quarter. Mechanics Bank Trust Department’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $3,460,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VCLT. Gallagher Fiduciary Advisors LLC lifted its stake in Vanguard Long-Term Corporate Bond ETF by 19,539.6% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 59,297,124 shares of the exchange traded fund’s stock worth $4,500,652,000 after purchasing an additional 58,995,198 shares in the last quarter. Citigroup Inc. increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 4,898.0% in the second quarter. Citigroup Inc. now owns 1,356,114 shares of the exchange traded fund’s stock worth $102,929,000 after purchasing an additional 1,328,981 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 111.7% in the first quarter. Jane Street Group LLC now owns 907,948 shares of the exchange traded fund’s stock worth $68,922,000 after buying an additional 479,090 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 978.5% in the first quarter. Jones Financial Companies Lllp now owns 397,175 shares of the exchange traded fund’s stock worth $30,150,000 after buying an additional 360,350 shares in the last quarter. Finally, Castleark Management LLC bought a new position in Vanguard Long-Term Corporate Bond ETF during the second quarter valued at approximately $17,947,000.

Vanguard Long-Term Corporate Bond ETF Stock Performance

NASDAQ VCLT opened at $75.77 on Monday. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $70.61 and a 1-year high of $79.28. The business has a 50 day simple moving average of $76.78 and a two-hundred day simple moving average of $76.51.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were given a $0.3402 dividend. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date was Monday, December 1st.

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.