Prudential PLC Has $2.72 Billion Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Prudential PLC lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 139.6% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 35,808,945 shares of the exchange traded fund’s stock after buying an additional 20,861,365 shares during the quarter. Vanguard Long-Term Corporate Bond ETF comprises about 18.9% of Prudential PLC’s portfolio, making the stock its largest holding. Prudential PLC owned approximately 0.28% of Vanguard Long-Term Corporate Bond ETF worth $2,716,467,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 7.8% in the 1st quarter. Vanguard Group Inc. now owns 4,175,772 shares of the exchange traded fund’s stock valued at $326,671,000 after buying an additional 302,950 shares in the last quarter. UBS Group AG lifted its stake in Vanguard Long-Term Corporate Bond ETF by 67.4% during the fourth quarter. UBS Group AG now owns 844,572 shares of the exchange traded fund’s stock worth $67,692,000 after purchasing an additional 339,978 shares during the last quarter. Globe Life Inc. boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 40.2% in the 2nd quarter. Globe Life Inc. now owns 474,500 shares of the exchange traded fund’s stock valued at $35,996,000 after purchasing an additional 136,000 shares in the last quarter. Advisory Alpha LLC increased its stake in shares of Vanguard Long-Term Corporate Bond ETF by 7.8% in the 1st quarter. Advisory Alpha LLC now owns 459,320 shares of the exchange traded fund’s stock valued at $35,939,000 after purchasing an additional 33,272 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 57.9% during the 1st quarter. Osaic Holdings Inc. now owns 421,566 shares of the exchange traded fund’s stock worth $32,978,000 after buying an additional 154,517 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.2 %

NASDAQ:VCLT opened at $80.65 on Monday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $67.47 and a twelve month high of $81.44. The stock’s 50-day simple moving average is $78.28 and its 200 day simple moving average is $77.05.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

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

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.