Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Hits New 12-Month Low – What’s Next?

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $52.96 and last traded at $52.96, with a volume of 797891 shares traded. The stock had previously closed at $53.13.

Vanguard Long-Term Treasury ETF Stock Performance

The firm has a 50 day simple moving average of $54.44 and a two-hundred day simple moving average of $55.27.

Vanguard Long-Term Treasury ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.2076 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Commonwealth Retirement Investments LLC purchased a new stake in shares of Vanguard Long-Term Treasury ETF during the fourth quarter worth $26,000. Cornerstone Planning Group LLC lifted its stake in shares of Vanguard Long-Term Treasury ETF by 1,010.9% in the first quarter. Cornerstone Planning Group LLC now owns 611 shares of the company’s stock worth $33,000 after buying an additional 556 shares during the last quarter. Aptus Capital Advisors LLC boosted its holdings in Vanguard Long-Term Treasury ETF by 123.9% during the fourth quarter. Aptus Capital Advisors LLC now owns 591 shares of the company’s stock valued at $33,000 after acquiring an additional 327 shares during the period. Bogart Wealth LLC grew its holdings in Vanguard Long-Term Treasury ETF by 88.0% in the 4th quarter. Bogart Wealth LLC now owns 613 shares of the company’s stock valued at $34,000 after buying an additional 287 shares during the last quarter. Finally, Capital Analysts LLC boosted its holdings in Vanguard Long-Term Treasury ETF by 38.6% in the 4th quarter. Capital Analysts LLC now owns 653 shares of the company’s stock valued at $36,000 after purchasing an additional 182 shares during the period.

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.