Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Plans Monthly Dividend of $0.23

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) announced a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be paid a dividend of 0.2258 per share on Monday, April 6th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Wednesday, April 1st. This is a 20.5% increase from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.19.

Vanguard Long-Term Treasury ETF Stock Down 0.5%

Shares of VGLT stock traded down $0.25 on Wednesday, hitting $55.10. 2,604,696 shares of the stock traded hands, compared to its average volume of 3,273,192. Vanguard Long-Term Treasury ETF has a 52 week low of $53.17 and a 52 week high of $59.46. The firm has a 50 day simple moving average of $56.18 and a two-hundred day simple moving average of $56.56.

Institutional Investors Weigh In On Vanguard Long-Term Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Rockefeller Capital Management L.P. lifted its position in shares of Vanguard Long-Term Treasury ETF by 2,288.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 472,822 shares of the company’s stock valued at $26,384,000 after acquiring an additional 453,023 shares in the last quarter. World Investment Advisors purchased a new stake in shares of Vanguard Long-Term Treasury ETF during the fourth quarter worth about $1,005,000. PeakShares LLC purchased a new stake in shares of Vanguard Long-Term Treasury ETF during the fourth quarter worth about $884,000. Corient Private Wealth LLC raised its stake in Vanguard Long-Term Treasury ETF by 7.4% during the 4th quarter. Corient Private Wealth LLC now owns 1,303,208 shares of the company’s stock valued at $72,721,000 after purchasing an additional 89,985 shares during the period. Finally, EJMK Ventures LLC bought a new stake in Vanguard Long-Term Treasury ETF during the 4th quarter valued at approximately $664,000.

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.