JPMorgan Chase & Co. Sells 65,703 Shares of Vanguard Long-Term Treasury ETF $VGLT

JPMorgan Chase & Co. trimmed its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 7.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 774,370 shares of the company’s stock after selling 65,703 shares during the period. JPMorgan Chase & Co. owned approximately 0.44% of Vanguard Long-Term Treasury ETF worth $44,031,000 at the end of the most recent reporting period.

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

Vanguard Long-Term Treasury ETF Trading Up 0.4%

Shares of VGLT stock opened at $57.54 on Friday. Vanguard Long-Term Treasury ETF has a 12 month low of $53.17 and a 12 month high of $59.46. The stock has a 50-day moving average price of $56.24 and a 200 day moving average price of $56.53.

Vanguard Long-Term Treasury ETF Increases Dividend

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

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.