Vanguard Long-Term Treasury ETF $VGLT Holdings Lowered by Tortoise Investment Management LLC

Tortoise Investment Management LLC decreased its holdings in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 2.9% in the third quarter, HoldingsChannel.com reports. The fund owned 426,948 shares of the company’s stock after selling 12,898 shares during the quarter. Vanguard Long-Term Treasury ETF comprises 2.2% of Tortoise Investment Management LLC’s portfolio, making the stock its 6th biggest holding. Tortoise Investment Management LLC’s holdings in Vanguard Long-Term Treasury ETF were worth $24,276,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Corient Private Wealth LLC raised its stake in Vanguard Long-Term Treasury ETF by 168.4% during the 2nd quarter. Corient Private Wealth LLC now owns 2,049,058 shares of the company’s stock valued at $114,993,000 after purchasing an additional 1,285,615 shares during the period. Empower Advisory Group LLC boosted its stake in Vanguard Long-Term Treasury ETF by 7.2% in the 2nd quarter. Empower Advisory Group LLC now owns 12,485,403 shares of the company’s stock worth $700,681,000 after purchasing an additional 833,733 shares during the period. Forum Financial Management LP boosted its stake in Vanguard Long-Term Treasury ETF by 293.2% in the 3rd quarter. Forum Financial Management LP now owns 833,454 shares of the company’s stock worth $47,390,000 after purchasing an additional 621,492 shares during the period. Assetmark Inc. grew its holdings in Vanguard Long-Term Treasury ETF by 75.1% during the 3rd quarter. Assetmark Inc. now owns 807,278 shares of the company’s stock valued at $45,902,000 after buying an additional 346,348 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in Vanguard Long-Term Treasury ETF by 5.0% during the 2nd quarter. Bank of America Corp DE now owns 7,037,090 shares of the company’s stock valued at $394,922,000 after buying an additional 336,479 shares in the last quarter.

Vanguard Long-Term Treasury ETF Trading Down 1.2%

Vanguard Long-Term Treasury ETF stock opened at $55.70 on Thursday. Vanguard Long-Term Treasury ETF has a 1 year low of $53.17 and a 1 year high of $59.46. The firm’s 50 day moving average price is $56.38 and its 200-day moving average price is $56.63.

Vanguard Long-Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.1874 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, March 2nd.

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.