Vanguard Long-Term Treasury ETF $VGLT is Tortoise Investment Management LLC’s 6th Largest Position

Tortoise Investment Management LLC trimmed its position in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 6.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 439,846 shares of the company’s stock after selling 30,120 shares during the period. Vanguard Long-Term Treasury ETF makes up about 2.4% of Tortoise Investment Management LLC’s holdings, making the stock its 6th biggest holding. Tortoise Investment Management LLC owned 0.25% of Vanguard Long-Term Treasury ETF worth $24,684,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGLT. Ameritas Advisory Services LLC acquired a new stake in Vanguard Long-Term Treasury ETF during the second quarter worth about $50,000. Ashton Thomas Securities LLC acquired a new stake in Vanguard Long-Term Treasury ETF in the 2nd quarter valued at about $96,000. Glass Jacobson Investment Advisors llc acquired a new stake in Vanguard Long-Term Treasury ETF during the second quarter valued at approximately $101,000. PNC Financial Services Group Inc. boosted its stake in shares of Vanguard Long-Term Treasury ETF by 469.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,148 shares of the company’s stock worth $121,000 after acquiring an additional 1,771 shares in the last quarter. Finally, IFP Advisors Inc increased its stake in Vanguard Long-Term Treasury ETF by 38.6% in the 1st quarter. IFP Advisors Inc now owns 3,524 shares of the company’s stock worth $203,000 after purchasing an additional 982 shares in the last quarter.

Vanguard Long-Term Treasury ETF Price Performance

Vanguard Long-Term Treasury ETF stock opened at $56.60 on Friday. The firm’s 50 day simple moving average is $57.23 and its 200-day simple moving average is $55.88. Vanguard Long-Term Treasury ETF has a fifty-two week low of $53.17 and a fifty-two week high of $59.51.

Vanguard Long-Term Treasury 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.