NewEdge Wealth LLC Has $6.97 Million Stake in Vanguard Long-Term Treasury ETF $VGLT

NewEdge Wealth LLC boosted its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 9.1% during the third quarter, Holdings Channel reports. The fund owned 123,255 shares of the company’s stock after acquiring an additional 10,229 shares during the period. NewEdge Wealth LLC’s holdings in Vanguard Long-Term Treasury ETF were worth $6,974,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Thompson Investment Management Inc. acquired a new position in shares of Vanguard Long-Term Treasury ETF in the third quarter valued at approximately $30,000. Howe & Rusling Inc. acquired a new stake in shares of Vanguard Long-Term Treasury ETF during the third quarter worth $32,000. First Horizon Corp bought a new position in Vanguard Long-Term Treasury ETF during the 3rd quarter worth $33,000. High Note Wealth LLC acquired a new stake in shares of Vanguard Long-Term Treasury ETF during the 3rd quarter worth approximately $44,000. Finally, Crews Bank & Trust bought a new position in shares of Vanguard Long-Term Treasury ETF in the third quarter worth about $49,000.

Vanguard Long-Term Treasury ETF Price Performance

VGLT opened at $57.16 on Friday. The company’s 50 day moving average price is $56.10 and its two-hundred day moving average price is $56.49. Vanguard Long-Term Treasury ETF has a fifty-two week low of $53.17 and a fifty-two week high of $59.46.

Vanguard Long-Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.2145 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21.

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. Long Government Float Adjusted Index (the Index). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities greater than 10 years.