Jefferies Financial Group Inc. Makes New Investment in Vanguard Long-Term Corporate Bond ETF $VCLT

Jefferies Financial Group Inc. purchased a new position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 542,453 shares of the exchange traded fund’s stock, valued at approximately $41,145,000.

Other large investors also recently made changes to their positions in the company. Millennium Management LLC acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 3rd quarter worth $94,119,000. Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 342.9% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 1,214,290 shares of the exchange traded fund’s stock worth $94,290,000 after buying an additional 940,100 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 14.2% during the 3rd quarter. Bank of America Corp DE now owns 2,728,943 shares of the exchange traded fund’s stock worth $211,902,000 after buying an additional 339,785 shares during the last quarter. Globe Life Inc. increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 48.5% during the 3rd quarter. Globe Life Inc. now owns 704,500 shares of the exchange traded fund’s stock worth $54,704,000 after buying an additional 230,000 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 180.9% during the 4th quarter. HighTower Advisors LLC now owns 334,453 shares of the exchange traded fund’s stock worth $25,368,000 after buying an additional 215,379 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Stock Performance

VCLT stock opened at $74.48 on Friday. The business has a fifty day simple moving average of $74.69 and a 200-day simple moving average of $75.91. Vanguard Long-Term Corporate Bond ETF has a 52 week low of $72.29 and a 52 week high of $79.28.

Vanguard Long-Term Corporate Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a $0.3274 dividend. The ex-dividend date was Friday, May 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.