Globe Life Inc. Increases Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Globe Life Inc. lifted its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 125.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 233,500 shares of the exchange traded fund’s stock after purchasing an additional 130,000 shares during the quarter. Vanguard Long-Term Corporate Bond ETF accounts for 5.6% of Globe Life Inc.’s portfolio, making the stock its 2nd largest position. Globe Life Inc. owned approximately 0.27% of Vanguard Long-Term Corporate Bond ETF worth $18,715,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VCLT. Cullen Frost Bankers Inc. bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 3rd quarter valued at $31,000. Tennessee Valley Asset Management Partners bought a new stake in Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at $36,000. Fifth Third Bancorp lifted its position in Vanguard Long-Term Corporate Bond ETF by 29.5% in the 3rd quarter. Fifth Third Bancorp now owns 738 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 168 shares in the last quarter. Capital Investment Advisory Services LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF during the 4th quarter worth about $64,000. Finally, VitalStone Financial LLC lifted its position in Vanguard Long-Term Corporate Bond ETF by 65.7% during the 3rd quarter. VitalStone Financial LLC now owns 926 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 367 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.2 %

NASDAQ:VCLT traded up $0.17 on Tuesday, hitting $74.61. 1,308,265 shares of the company’s stock were exchanged, compared to its average volume of 2,392,800. The firm has a 50-day moving average price of $76.73 and a 200-day moving average price of $76.02. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $67.47 and a 52 week high of $81.11.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.3181 per share. The ex-dividend date was Monday, April 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.