Cassaday & Co Wealth Management LLC Grows Stake in Vanguard Long-Term Treasury ETF $VGLT

Cassaday & Co Wealth Management LLC increased its holdings in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 15.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,356,556 shares of the company’s stock after acquiring an additional 575,079 shares during the period. Vanguard Long-Term Treasury ETF comprises about 6.1% of Cassaday & Co Wealth Management LLC’s investment portfolio, making the stock its 4th biggest position. Cassaday & Co Wealth Management LLC’s holdings in Vanguard Long-Term Treasury ETF were worth $244,490,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Ameritas Advisory Services LLC bought a new stake in shares of Vanguard Long-Term Treasury ETF during the second quarter worth approximately $50,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Vanguard Long-Term Treasury ETF in the first quarter worth $95,000. Ashton Thomas Securities LLC bought a new stake in shares of Vanguard Long-Term Treasury ETF in the second quarter worth $96,000. Glass Jacobson Investment Advisors llc bought a new stake in Vanguard Long-Term Treasury ETF during the second quarter worth $101,000. Finally, IFP Advisors Inc raised its position in Vanguard Long-Term Treasury ETF by 38.6% during the first quarter. IFP Advisors Inc now owns 3,524 shares of the company’s stock worth $203,000 after acquiring an additional 982 shares in the last quarter.

Vanguard Long-Term Treasury ETF Price Performance

Shares of VGLT opened at $57.05 on Tuesday. The company’s 50-day moving average is $56.96 and its 200-day moving average is $55.81. Vanguard Long-Term Treasury ETF has a fifty-two week low of $53.17 and a fifty-two week high of $59.51.

Vanguard Long-Term Treasury 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.