Checchi Capital Advisers LLC Buys 69,157 Shares of Vanguard Long-Term Treasury ETF $VGLT

Checchi Capital Advisers LLC boosted its position in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 23.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 370,069 shares of the company’s stock after purchasing an additional 69,157 shares during the quarter. Vanguard Long-Term Treasury ETF makes up approximately 1.1% of Checchi Capital Advisers LLC’s investment portfolio, making the stock its 13th biggest position. Checchi Capital Advisers LLC’s holdings in Vanguard Long-Term Treasury ETF were worth $21,042,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VGLT. Thompson Investment Management Inc. bought a new stake in shares of Vanguard Long-Term Treasury ETF during the third quarter worth $30,000. First Horizon Corp bought a new stake in Vanguard Long-Term Treasury ETF during the 3rd quarter worth about $33,000. High Note Wealth LLC bought a new stake in Vanguard Long-Term Treasury ETF during the 3rd quarter worth about $44,000. Crews Bank & Trust acquired a new position in Vanguard Long-Term Treasury ETF during the 3rd quarter valued at about $49,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of Vanguard Long-Term Treasury ETF in the 2nd quarter valued at about $50,000.

Vanguard Long-Term Treasury ETF Trading Up 0.2%

Shares of NASDAQ:VGLT opened at $55.47 on Wednesday. The company has a 50 day moving average of $56.13 and a 200-day moving average of $56.39. Vanguard Long-Term Treasury ETF has a one year low of $53.17 and a one year high of $59.46.

Vanguard Long-Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.2145 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is a boost 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.