Wise Wealth Partners Acquires Shares of 9,960 Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Wise Wealth Partners bought a new position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,960 shares of the company’s stock, valued at approximately $551,000. Vanguard Long-Term Treasury Index ETF makes up about 1.4% of Wise Wealth Partners’ holdings, making the stock its 16th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kitching Partners LLC lifted its holdings in Vanguard Long-Term Treasury Index ETF by 3.7% during the 4th quarter. Kitching Partners LLC now owns 75,054 shares of the company’s stock valued at $4,154,000 after purchasing an additional 2,662 shares during the last quarter. Betterment LLC increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 19.2% during the fourth quarter. Betterment LLC now owns 385,744 shares of the company’s stock worth $21,351,000 after buying an additional 62,003 shares in the last quarter. Rinkey Investments raised its stake in shares of Vanguard Long-Term Treasury Index ETF by 15.4% in the fourth quarter. Rinkey Investments now owns 103,013 shares of the company’s stock valued at $5,702,000 after acquiring an additional 13,757 shares during the last quarter. Bolthouse Investments LLC acquired a new position in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter worth approximately $565,000. Finally, SCS Capital Management LLC grew its position in Vanguard Long-Term Treasury Index ETF by 6.7% during the 4th quarter. SCS Capital Management LLC now owns 2,985,854 shares of the company’s stock worth $165,267,000 after acquiring an additional 186,703 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Stock Performance

Shares of NASDAQ:VGLT opened at $57.16 on Wednesday. The business has a fifty day moving average of $56.85 and a 200-day moving average of $56.79. Vanguard Long-Term Treasury Index ETF has a twelve month low of $53.80 and a twelve month high of $63.41.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.2096 dividend. This is a boost from Vanguard Long-Term Treasury Index ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $2.52 annualized dividend and a yield of 4.40%.

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.