Vanguard Long-Term Treasury ETF $VGLT Position Reduced by Fort Point Capital Partners LLC

Fort Point Capital Partners LLC decreased its position in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 76.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 58,999 shares of the company’s stock after selling 191,141 shares during the quarter. Fort Point Capital Partners LLC’s holdings in Vanguard Long-Term Treasury ETF were worth $3,328,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGLT. Morgan Stanley raised its holdings in Vanguard Long-Term Treasury ETF by 16.7% during the fourth quarter. Morgan Stanley now owns 10,894,021 shares of the company’s stock worth $607,886,000 after purchasing an additional 1,562,796 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Vanguard Long-Term Treasury ETF by 168.4% during the second quarter. Corient Private Wealth LLC now owns 2,049,058 shares of the company’s stock worth $114,993,000 after purchasing an additional 1,285,615 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in Vanguard Long-Term Treasury ETF during the third quarter worth approximately $29,441,000. LPL Financial LLC raised its holdings in Vanguard Long-Term Treasury ETF by 28.1% during the fourth quarter. LPL Financial LLC now owns 2,097,915 shares of the company’s stock worth $117,064,000 after purchasing an additional 460,456 shares in the last quarter. Finally, UBS Group AG raised its holdings in Vanguard Long-Term Treasury ETF by 42.3% during the fourth quarter. UBS Group AG now owns 1,234,066 shares of the company’s stock worth $68,861,000 after purchasing an additional 367,090 shares in the last quarter.

Vanguard Long-Term Treasury ETF Price Performance

Shares of NASDAQ:VGLT opened at $54.77 on Friday. Vanguard Long-Term Treasury ETF has a 12 month low of $53.04 and a 12 month high of $58.44. The stock’s 50 day moving average price is $54.79 and its 200 day moving average price is $55.71.

Vanguard Long-Term Treasury ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.2141 dividend. The ex-dividend date was Monday, June 1st.

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.