Alerus Financial NA Has $32.35 Million Stock Position in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Alerus Financial NA lifted its stake in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 0.5% during the third quarter, Holdings Channel reports. The fund owned 398,266 shares of the exchange traded fund’s stock after acquiring an additional 1,979 shares during the quarter. Vanguard Long-Term Corporate Bond ETF accounts for 2.4% of Alerus Financial NA’s holdings, making the stock its 10th largest position. Alerus Financial NA’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $32,351,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VCLT. Prudential PLC grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 139.6% in the second quarter. Prudential PLC now owns 35,808,945 shares of the exchange traded fund’s stock valued at $2,716,467,000 after purchasing an additional 20,861,365 shares during the last quarter. Johns Hopkins University grew its holdings in Vanguard Long-Term Corporate Bond ETF by 1.0% in the 2nd quarter. Johns Hopkins University now owns 5,290,374 shares of the exchange traded fund’s stock valued at $401,328,000 after buying an additional 53,555 shares during the last quarter. Dai ichi Life Insurance Company Ltd grew its holdings in Vanguard Long-Term Corporate Bond ETF by 2.2% in the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 2,243,860 shares of the exchange traded fund’s stock valued at $182,269,000 after buying an additional 49,278 shares during the last quarter. Angeles Investment Advisors LLC increased its position in Vanguard Long-Term Corporate Bond ETF by 40.8% in the 3rd quarter. Angeles Investment Advisors LLC now owns 1,425,000 shares of the exchange traded fund’s stock worth $115,753,000 after buying an additional 413,000 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 62.5% during the third quarter. Assetmark Inc. now owns 1,199,131 shares of the exchange traded fund’s stock worth $97,405,000 after buying an additional 461,290 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Up 0.8 %

NASDAQ:VCLT opened at $78.99 on Friday. Vanguard Long-Term Corporate Bond ETF has a one year low of $73.21 and a one year high of $82.63. The company has a fifty day moving average price of $78.54 and a 200 day moving average price of $78.21.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.3375 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33.

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.