Independence Bank of Kentucky Has $1.18 Million Stock Holdings in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Independence Bank of Kentucky increased its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 18.7% during the first quarter, Holdings Channel reports. The institutional investor owned 15,032 shares of the exchange traded fund’s stock after purchasing an additional 2,370 shares during the quarter. Independence Bank of Kentucky’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $1,176,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Johns Hopkins University lifted its stake in Vanguard Long-Term Corporate Bond ETF by 6,307.2% during the third quarter. Johns Hopkins University now owns 5,029,402 shares of the exchange traded fund’s stock worth $360,206,000 after purchasing an additional 4,950,906 shares during the period. Angeles Investment Advisors LLC bought a new position in Vanguard Long-Term Corporate Bond ETF during the fourth quarter worth about $137,698,000. BNP Paribas Financial Markets lifted its stake in Vanguard Long-Term Corporate Bond ETF by 2,134.0% during the fourth quarter. BNP Paribas Financial Markets now owns 1,379,238 shares of the exchange traded fund’s stock worth $110,546,000 after purchasing an additional 1,317,500 shares during the period. 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 period. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in Vanguard Long-Term Corporate Bond ETF by 1,909.3% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 314,961 shares of the exchange traded fund’s stock worth $25,244,000 after purchasing an additional 299,286 shares during the period.

Vanguard Long-Term Corporate Bond ETF Stock Down 1.2 %

VCLT traded down $0.95 during midday trading on Friday, reaching $75.86. 2,255,582 shares of the company’s stock were exchanged, compared to its average volume of 2,333,535. Vanguard Long-Term Corporate Bond ETF has a one year low of $67.47 and a one year high of $81.11. The business has a 50-day simple moving average of $76.01 and a two-hundred day simple moving average of $77.25.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were paid a $0.3183 dividend. The ex-dividend date of this dividend was Monday, June 3rd.

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.