Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Hits New 52-Week Low – Time to Sell?

Vanguard Long-Term Treasury ETF (NASDAQ:VGLTGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $52.03 and last traded at $52.0640, with a volume of 232345 shares changing hands. The stock had previously closed at $52.50.

Vanguard Long-Term Treasury ETF Trading Down 0.9%

The firm has a 50-day moving average of $53.30 and a two-hundred day moving average of $54.57.

Institutional Investors Weigh In On Vanguard Long-Term Treasury ETF

A number of hedge funds have recently made changes to their positions in VGLT. Manning & Napier Advisors LLC increased its holdings in Vanguard Long-Term Treasury ETF by 36.9% in the 1st quarter. Manning & Napier Advisors LLC now owns 650,596 shares of the company’s stock worth $36,023,000 after purchasing an additional 175,228 shares in the last quarter. SCS Capital Management LLC grew its holdings in shares of Vanguard Long-Term Treasury ETF by 8.4% during the fourth quarter. SCS Capital Management LLC now owns 894,920 shares of the company’s stock worth $49,937,000 after purchasing an additional 69,072 shares during the last quarter. Graetz Wealth LLC acquired a new position in shares of Vanguard Long-Term Treasury ETF in the fourth quarter valued at approximately $3,103,000. Retirement Financial Solutions LLC grew its holdings in Vanguard Long-Term Treasury ETF by 89.2% during the 4th quarter. Retirement Financial Solutions LLC now owns 315,441 shares of the company’s stock worth $17,602,000 after acquiring an additional 148,706 shares during the last quarter. Finally, Forum Financial Management LP raised its position in Vanguard Long-Term Treasury ETF by 20.6% during the 1st quarter. Forum Financial Management LP now owns 896,211 shares of the company’s stock worth $49,610,000 after purchasing an additional 153,201 shares during the last quarter.

About Vanguard Long-Term Treasury ETF

(Get Free Report)

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.

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