Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Sees Large Volume Increase – Time to Buy?

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) shares saw unusually-strong trading volume on Tuesday . Approximately 9,595,232 shares traded hands during trading, an increase of 238% from the previous session’s volume of 2,841,201 shares.The stock last traded at $57.3150 and had previously closed at $57.18.

Vanguard Long-Term Treasury ETF Price Performance

The company has a 50-day moving average of $56.07 and a 200-day moving average of $56.48.

Vanguard Long-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.2145 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. This is a boost from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21. The ex-dividend date was Monday, February 2nd.

Hedge Funds Weigh In On Vanguard Long-Term Treasury ETF

Large investors have recently added to or reduced their stakes in the company. Morgan Stanley lifted its position in Vanguard Long-Term Treasury ETF by 16.7% during the 4th quarter. Morgan Stanley now owns 10,894,021 shares of the company’s stock worth $607,886,000 after buying an additional 1,562,796 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of Vanguard Long-Term Treasury ETF by 168.4% in the second quarter. Corient Private Wealth LLC now owns 2,049,058 shares of the company’s stock valued at $114,993,000 after acquiring an additional 1,285,615 shares during the last quarter. Nepc LLC raised its holdings in Vanguard Long-Term Treasury ETF by 12.8% during the fourth quarter. Nepc LLC now owns 7,763,007 shares of the company’s stock worth $433,176,000 after acquiring an additional 878,866 shares in the last quarter. Empower Advisory Group LLC boosted its position in Vanguard Long-Term Treasury ETF by 7.2% during the second quarter. Empower Advisory Group LLC now owns 12,485,403 shares of the company’s stock valued at $700,681,000 after purchasing an additional 833,733 shares during the last quarter. Finally, Forum Financial Management LP boosted its position in Vanguard Long-Term Treasury ETF by 293.2% during the third quarter. Forum Financial Management LP now owns 833,454 shares of the company’s stock valued at $47,390,000 after purchasing an additional 621,492 shares during the last quarter.

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.