First Financial Bankshares Inc Acquires 79,734 Shares of Vanguard Long-Term Treasury ETF $VGLT

First Financial Bankshares Inc increased its holdings in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 24.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 410,388 shares of the company’s stock after acquiring an additional 79,734 shares during the period. First Financial Bankshares Inc owned about 0.23% of Vanguard Long-Term Treasury ETF worth $23,335,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Clearstead Advisors LLC boosted its holdings in Vanguard Long-Term Treasury ETF by 34.6% during the third quarter. Clearstead Advisors LLC now owns 810 shares of the company’s stock valued at $46,000 after purchasing an additional 208 shares in the last quarter. Vestmark Advisory Solutions Inc. acquired a new position in shares of Vanguard Long-Term Treasury ETF in the 3rd quarter worth approximately $11,468,000. Citigroup Inc. lifted its position in shares of Vanguard Long-Term Treasury ETF by 1.3% during the 3rd quarter. Citigroup Inc. now owns 1,267,575 shares of the company’s stock worth $72,074,000 after buying an additional 16,492 shares during the period. NewEdge Wealth LLC lifted its position in shares of Vanguard Long-Term Treasury ETF by 9.1% during the 3rd quarter. NewEdge Wealth LLC now owns 123,255 shares of the company’s stock worth $6,974,000 after buying an additional 10,229 shares during the period. Finally, Cassaday & Co Wealth Management LLC boosted its stake in Vanguard Long-Term Treasury ETF by 4.5% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 4,554,512 shares of the company’s stock valued at $258,970,000 after buying an additional 197,956 shares in the last quarter.

Vanguard Long-Term Treasury ETF Trading Up 0.4%

Shares of NASDAQ:VGLT opened at $57.26 on Tuesday. The business’s fifty day moving average price is $56.16 and its two-hundred day moving average price is $56.51. 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. Stockholders of record on Monday, February 2nd were issued a $0.2145 dividend. This represents a c) annualized dividend and a dividend 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 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.