Legacy Wealth Asset Management LLC Grows Stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Legacy Wealth Asset Management LLC increased its holdings in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 7.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,046 shares of the company’s stock after purchasing an additional 1,132 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $1,010,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGLT. D.A. Davidson & CO. acquired a new position in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter valued at $2,868,000. Lincoln National Corp increased its position in shares of Vanguard Long-Term Treasury Index ETF by 226.0% during the fourth quarter. Lincoln National Corp now owns 28,331 shares of the company’s stock worth $1,743,000 after purchasing an additional 19,640 shares in the last quarter. Bailard Inc. acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter worth about $4,592,000. U.S. Capital Wealth Advisors LLC purchased a new stake in Vanguard Long-Term Treasury Index ETF in the fourth quarter valued at approximately $681,000. Finally, First Financial Bankshares Inc acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter valued at approximately $16,222,000.

Vanguard Long-Term Treasury Index ETF Stock Performance

Shares of VGLT traded up $0.74 during mid-day trading on Thursday, reaching $57.65. 1,094,746 shares of the company’s stock were exchanged, compared to its average volume of 2,239,913. The business’s fifty day simple moving average is $57.43 and its 200-day simple moving average is $58.43. Vanguard Long-Term Treasury Index ETF has a 52-week low of $51.90 and a 52-week high of $63.63.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were issued a $0.1967 dividend. The ex-dividend date was Monday, July 1st.

Vanguard Long-Term Treasury Index ETF Profile

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.