Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) is Lincoln Capital Corp’s 10th Largest Position

Lincoln Capital Corp raised its holdings in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 252.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 128,167 shares of the company’s stock after buying an additional 91,818 shares during the quarter. Vanguard Long-Term Treasury Index ETF comprises 3.3% of Lincoln Capital Corp’s investment portfolio, making the stock its 10th largest position. Lincoln Capital Corp owned approximately 0.06% of Vanguard Long-Term Treasury Index ETF worth $7,593,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Ameriprise Financial Inc. lifted its holdings in Vanguard Long-Term Treasury Index ETF by 40.6% in the third quarter. Ameriprise Financial Inc. now owns 13,008,198 shares of the company’s stock worth $712,033,000 after buying an additional 3,756,787 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Vanguard Long-Term Treasury Index ETF by 66.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,563,726 shares of the company’s stock valued at $329,595,000 after purchasing an additional 2,212,982 shares during the period. Morgan Stanley boosted its position in shares of Vanguard Long-Term Treasury Index ETF by 40.7% during the third quarter. Morgan Stanley now owns 7,099,115 shares of the company’s stock valued at $394,072,000 after purchasing an additional 2,052,967 shares in the last quarter. Nepc LLC purchased a new stake in Vanguard Long-Term Treasury Index ETF in the fourth quarter worth $86,978,000. Finally, Comerica Bank bought a new position in Vanguard Long-Term Treasury Index ETF in the third quarter worth $65,225,000.

Vanguard Long-Term Treasury Index ETF Stock Performance

Shares of VGLT traded down $0.58 during mid-day trading on Friday, reaching $58.01. The company had a trading volume of 929,892 shares, compared to its average volume of 2,231,331. The firm has a 50-day moving average price of $57.32 and a 200 day moving average price of $58.53. Vanguard Long-Term Treasury Index ETF has a 52 week low of $51.90 and a 52 week high of $63.69.

Vanguard Long-Term Treasury Index ETF Increases 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 $0.2025 dividend. The ex-dividend date was Monday, June 3rd. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.19.

Vanguard Long-Term Treasury Index ETF Company 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.