Market Street Wealth Management Advisors LLC Decreases Stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Market Street Wealth Management Advisors LLC reduced its position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 89.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,525 shares of the company’s stock after selling 205,955 shares during the period. Market Street Wealth Management Advisors LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $1,509,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Sandy Spring Bank purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF in the third quarter worth approximately $31,000. Fifth Third Bancorp purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter worth approximately $31,000. Salem Investment Counselors Inc. purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter worth approximately $32,000. Iron Horse Wealth Management LLC raised its holdings in shares of Vanguard Long-Term Treasury Index ETF by 57.1% in the fourth quarter. Iron Horse Wealth Management LLC now owns 550 shares of the company’s stock worth $34,000 after buying an additional 200 shares during the period. Finally, Capital Investment Advisory Services LLC raised its holdings in shares of Vanguard Long-Term Treasury Index ETF by 15,900.0% in the third quarter. Capital Investment Advisory Services LLC now owns 800 shares of the company’s stock worth $44,000 after buying an additional 795 shares during the period.

Vanguard Long-Term Treasury Index ETF Trading Up 0.5 %

Shares of NASDAQ VGLT traded up $0.27 during midday trading on Friday, hitting $56.65. The company’s stock had a trading volume of 2,201,229 shares, compared to its average volume of 2,727,145. The business’s 50 day moving average is $58.46 and its two-hundred day moving average is $57.80. Vanguard Long-Term Treasury Index ETF has a 12-month low of $51.90 and a 12-month high of $66.24.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a $0.1998 dividend. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, April 1st.

Vanguard Long-Term Treasury Index ETF Profile

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.