Summit Securities Group LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 34,035 shares of the exchange traded fund’s stock, valued at approximately $3,115,000. Vanguard Long-Term Corporate Bond ETF accounts for about 0.6% of Summit Securities Group LLC’s investment portfolio, making the stock its 21st largest holding.

Several other institutional investors also recently made changes to their positions in VCLT. Independence Bank of Kentucky grew its stake in Vanguard Long-Term Corporate Bond ETF by 554.3% in the fourth quarter. Independence Bank of Kentucky now owns 687 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 582 shares during the period. PNC Financial Services Group Inc. grew its stake in Vanguard Long-Term Corporate Bond ETF by 0.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 268,811 shares of the exchange traded fund’s stock valued at $22,898,000 after acquiring an additional 2,007 shares during the period. Oakworth Capital Inc. grew its stake in Vanguard Long-Term Corporate Bond ETF by 11.4% in the fourth quarter. Oakworth Capital Inc. now owns 72,270 shares of the exchange traded fund’s stock valued at $6,156,000 after acquiring an additional 7,423 shares during the period. BlackRock Inc. grew its stake in Vanguard Long-Term Corporate Bond ETF by 4.8% in the third quarter. BlackRock Inc. now owns 40,730 shares of the exchange traded fund’s stock valued at $3,584,000 after acquiring an additional 1,884 shares during the period. Finally, OLD Mission Capital LLC acquired a new position in Vanguard Long-Term Corporate Bond ETF in the fourth quarter valued at about $204,000.

NASDAQ:VCLT traded up $0.23 on Friday, reaching $91.85. The company’s stock had a trading volume of 1,582 shares, compared to its average volume of 359,864. Vanguard Long-Term Corporate Bond ETF has a 1-year low of $83.22 and a 1-year high of $92.04.

The firm also recently announced a monthly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd were paid a $0.308 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.70 dividend on an annualized basis and a yield of 4.02%.

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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.

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Institutional Ownership by Quarter for Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

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