Financial Life Advisors Raises Stake in Vanguard Long-Term Treasury ETF $VGLT

Financial Life Advisors raised its holdings in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 5.8% during the second quarter, HoldingsChannel reports. The firm owned 309,813 shares of the company’s stock after purchasing an additional 16,934 shares during the period. Vanguard Long-Term Treasury ETF comprises 4.9% of Financial Life Advisors’ portfolio, making the stock its 7th largest holding. Financial Life Advisors’ holdings in Vanguard Long-Term Treasury ETF were worth $17,095,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of VGLT. Nwam LLC increased its holdings in Vanguard Long-Term Treasury ETF by 97.3% during the second quarter. Nwam LLC now owns 18,605 shares of the company’s stock valued at $1,027,000 after buying an additional 9,173 shares during the period. Covington Investment Advisors Inc. purchased a new stake in Vanguard Long-Term Treasury ETF during the second quarter worth $7,394,000. JNBA Financial Advisors purchased a new stake in Vanguard Long-Term Treasury ETF during the second quarter worth $76,000. BTG Pactual Asset Management US LLC bought a new stake in Vanguard Long-Term Treasury ETF during the 2nd quarter valued at $135,000. Finally, Headlands Technologies LLC bought a new stake in Vanguard Long-Term Treasury ETF during the 2nd quarter valued at $426,000.

Vanguard Long-Term Treasury ETF Trading Down 0.4%

Shares of NASDAQ:VGLT opened at $52.98 on Tuesday. Vanguard Long-Term Treasury ETF has a 12-month low of $52.24 and a 12-month high of $58.44. The business’s fifty day simple moving average is $53.68 and its 200-day simple moving average is $54.79.

Vanguard Long-Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were given a dividend of $0.2145 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21. This represents a c) dividend on an annualized basis and a yield of 4.9%.

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.