Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) saw unusually-strong trading volume on Monday . Approximately 3,361,348 shares were traded during trading, an increase of 104% from the previous session’s volume of 1,647,027 shares.The stock last traded at $55.9450 and had previously closed at $55.69.

Vanguard Long-Term Treasury ETF Stock Performance

The company’s 50 day moving average price is $56.66 and its 200 day moving average price is $56.27.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VGLT. Atlanta Consulting Group Advisors LLC acquired a new stake in shares of Vanguard Long-Term Treasury ETF in the second quarter valued at about $749,000. Ameritas Advisory Services LLC bought a new stake in Vanguard Long-Term Treasury ETF during the second quarter worth about $50,000. Envestnet Portfolio Solutions Inc. boosted its position in Vanguard Long-Term Treasury ETF by 3.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,501 shares of the company’s stock valued at $421,000 after purchasing an additional 284 shares during the last quarter. Allworth Financial LP grew its stake in Vanguard Long-Term Treasury ETF by 1.0% in the second quarter. Allworth Financial LP now owns 303,400 shares of the company’s stock valued at $17,027,000 after purchasing an additional 3,123 shares in the last quarter. Finally, Aurelius Family Office LLC increased its position in shares of Vanguard Long-Term Treasury ETF by 6.9% during the 3rd quarter. Aurelius Family Office LLC now owns 205,903 shares of the company’s stock worth $11,708,000 after purchasing an additional 13,253 shares during the last quarter.

About Vanguard Long-Term Treasury 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. 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.