Power Wealth Management LLC Buys New Position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Power Wealth Management LLC purchased a new stake 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 purchased 88,575 shares of the company’s stock, valued at approximately $5,450,000. Vanguard Long-Term Treasury Index ETF comprises about 3.8% of Power Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Power Wealth Management LLC owned approximately 0.05% of Vanguard Long-Term Treasury Index ETF as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Sandy Spring Bank purchased a new position in shares of Vanguard Long-Term Treasury Index ETF in the 3rd quarter worth approximately $31,000. Fifth Third Bancorp bought a new position in Vanguard Long-Term Treasury Index ETF in the 4th quarter valued at $31,000. Iron Horse Wealth Management LLC increased its holdings in Vanguard Long-Term Treasury Index ETF by 57.1% during the fourth quarter. Iron Horse Wealth Management LLC now owns 550 shares of the company’s stock worth $34,000 after buying an additional 200 shares during the last quarter. Capital Investment Advisory Services LLC raised its position in Vanguard Long-Term Treasury Index ETF by 15,900.0% in the third quarter. Capital Investment Advisory Services LLC now owns 800 shares of the company’s stock worth $44,000 after acquiring an additional 795 shares during the period. Finally, Signaturefd LLC raised its position in Vanguard Long-Term Treasury Index ETF by 55.0% in the third quarter. Signaturefd LLC now owns 795 shares of the company’s stock worth $44,000 after acquiring an additional 282 shares during the period.

Vanguard Long-Term Treasury Index ETF Price Performance

Vanguard Long-Term Treasury Index ETF stock traded up $0.51 during trading on Friday, hitting $56.47. The stock had a trading volume of 1,432,299 shares, compared to its average volume of 2,569,529. The stock’s 50 day moving average is $57.67 and its two-hundred day moving average is $57.95. Vanguard Long-Term Treasury Index ETF has a 1 year low of $51.90 and a 1 year high of $65.80.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.1932 per share. The ex-dividend date of this dividend is Wednesday, May 1st.

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.