Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) to Issue Dividend Increase – $0.21 Per Share

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) announced a monthly dividend on Tuesday, January 27th. Investors of record on Monday, November 2nd will be given a dividend of $0.2115 per share on Wednesday, November 4th. This represents a $2.54 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Monday, November 2nd. This is a 3.1% increase from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.2052.

Vanguard Long-Term Treasury ETF Stock Performance

Shares of NASDAQ:VGLT opened at $52.53 on Friday. The firm has a 50 day simple moving average of $51.70 and a 200-day simple moving average of $54.17. Vanguard Long-Term Treasury ETF has a twelve month low of $49.29 and a twelve month high of $57.90.

Institutional Trading of Vanguard Long-Term Treasury ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VGLT. Cornerstone Planning Group LLC boosted its stake in shares of Vanguard Long-Term Treasury ETF by 1,010.9% during the 1st quarter. Cornerstone Planning Group LLC now owns 611 shares of the company’s stock valued at $33,000 after buying an additional 556 shares during the period. NFSG Corp acquired a new position in shares of Vanguard Long-Term Treasury ETF in the first quarter worth $42,000. Trust Co. of Vermont acquired a new position in shares of Vanguard Long-Term Treasury ETF in the second quarter worth $43,000. TD Waterhouse Canada Inc. raised its holdings in shares of Vanguard Long-Term Treasury ETF by 206.5% during the third quarter. TD Waterhouse Canada Inc. now owns 1,039 shares of the company’s stock worth $52,000 after acquiring an additional 700 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of Vanguard Long-Term Treasury ETF during the third quarter worth $53,000.

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.