Blue Trust Inc. Lowers Stock Holdings in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT)

Blue Trust Inc. lowered its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 1.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 89,420 shares of the company’s stock after selling 1,279 shares during the quarter. Blue Trust Inc.’s holdings in Vanguard Long-Term Treasury ETF were worth $5,151,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Kestra Investment Management LLC acquired a new stake in Vanguard Long-Term Treasury ETF in the fourth quarter valued at about $29,000. Blair William & Co. IL lifted its position in Vanguard Long-Term Treasury ETF by 81.8% in the fourth quarter. Blair William & Co. IL now owns 578 shares of the company’s stock valued at $32,000 after purchasing an additional 260 shares during the period. Hurley Capital LLC acquired a new stake in Vanguard Long-Term Treasury ETF in the fourth quarter valued at about $38,000. Pinney & Scofield Inc. acquired a new stake in Vanguard Long-Term Treasury ETF in the fourth quarter valued at about $43,000. Finally, Bridge Generations Wealth Management LLC acquired a new stake in Vanguard Long-Term Treasury ETF in the fourth quarter valued at about $51,000.

Vanguard Long-Term Treasury ETF Stock Performance

Shares of NASDAQ:VGLT opened at $55.15 on Thursday. Vanguard Long-Term Treasury ETF has a 52 week low of $53.18 and a 52 week high of $63.41. The company has a 50-day moving average price of $55.10 and a 200 day moving average price of $56.04.

Vanguard Long-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were given a dividend of $0.2097 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 4.56%. This is an increase from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 2nd.

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.