Forthright Family Wealth Advisory LLC Makes New Investment in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Forthright Family Wealth Advisory LLC purchased a new position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 60,371 shares of the company’s stock, valued at approximately $3,715,000. Vanguard Long-Term Treasury Index ETF accounts for approximately 2.9% of Forthright Family Wealth Advisory LLC’s investment portfolio, making the stock its 9th biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Fifth Third Bancorp purchased a new stake in Vanguard Long-Term Treasury Index ETF in the fourth quarter worth $31,000. Iron Horse Wealth Management LLC boosted its holdings in Vanguard Long-Term Treasury Index ETF by 57.1% in the fourth quarter. Iron Horse Wealth Management LLC now owns 550 shares of the company’s stock worth $34,000 after acquiring an additional 200 shares in the last quarter. Gradient Investments LLC lifted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 367.3% during the fourth quarter. Gradient Investments LLC now owns 1,056 shares of the company’s stock worth $65,000 after purchasing an additional 830 shares during the period. Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter worth about $77,000. Finally, Parkside Financial Bank & Trust acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter worth about $111,000.

Vanguard Long-Term Treasury Index ETF Stock Up 0.7 %

Shares of Vanguard Long-Term Treasury Index ETF stock traded up $0.44 on Friday, reaching $59.25. The company’s stock had a trading volume of 2,194,533 shares, compared to its average volume of 2,289,760. Vanguard Long-Term Treasury Index ETF has a 52-week low of $51.90 and a 52-week high of $64.14. The stock has a 50-day moving average price of $56.88 and a 200-day moving average price of $58.50.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were paid a dividend of $0.2025 per share. The ex-dividend date of this dividend was Monday, June 3rd. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.19.

About Vanguard Long-Term Treasury Index ETF

Vanguard Long Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.