Marcum Wealth LLC Raises Stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Marcum Wealth LLC grew its holdings in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 12.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 151,937 shares of the company’s stock after acquiring an additional 16,225 shares during the quarter. Vanguard Long-Term Treasury Index ETF makes up 0.9% of Marcum Wealth LLC’s investment portfolio, making the stock its 18th biggest position. Marcum Wealth LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $9,350,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VGLT. Asset Dedication LLC purchased a new position in Vanguard Long-Term Treasury Index ETF in the second quarter worth about $32,000. Carmichael Hill & Associates Inc. boosted its position in shares of Vanguard Long-Term Treasury Index ETF by 527.8% during the second quarter. Carmichael Hill & Associates Inc. now owns 565 shares of the company’s stock worth $33,000 after acquiring an additional 475 shares during the last quarter. First Horizon Advisors Inc. lifted its position in Vanguard Long-Term Treasury Index ETF by 381.8% during the second quarter. First Horizon Advisors Inc. now owns 583 shares of the company’s stock valued at $34,000 after purchasing an additional 462 shares during the last quarter. Sachetta LLC increased its position in Vanguard Long-Term Treasury Index ETF by 882.8% during the second quarter. Sachetta LLC now owns 629 shares of the company’s stock valued at $37,000 after acquiring an additional 565 shares during the last quarter. Finally, Central Pacific Bank Trust Division bought a new stake in shares of Vanguard Long-Term Treasury Index ETF during the first quarter worth $38,000.

Vanguard Long-Term Treasury Index ETF Price Performance

NASDAQ:VGLT opened at $59.37 on Thursday. The firm has a 50 day moving average of $61.36 and a 200 day moving average of $58.90. Vanguard Long-Term Treasury Index ETF has a 52 week low of $51.90 and a 52 week high of $63.41.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.2041 dividend. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Tuesday, September 3rd.

About Vanguard Long-Term Treasury Index 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.