NewEdge Wealth LLC Sells 6,549 Shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

NewEdge Wealth LLC lessened its stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 3.8% in the 4th quarter, HoldingsChannel reports. The fund owned 164,951 shares of the company’s stock after selling 6,549 shares during the quarter. NewEdge Wealth LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $9,130,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of VGLT. Kestra Investment Management LLC acquired a new position in Vanguard Long-Term Treasury Index ETF in the fourth quarter valued at approximately $29,000. First Community Trust NA bought a new stake in shares of Vanguard Long-Term Treasury Index ETF during the 4th quarter valued at $43,000. Geneos Wealth Management Inc. raised its position in shares of Vanguard Long-Term Treasury Index ETF by 50.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 943 shares of the company’s stock valued at $52,000 after acquiring an additional 318 shares during the last quarter. JFS Wealth Advisors LLC acquired a new position in shares of Vanguard Long-Term Treasury Index ETF in the 3rd quarter valued at $53,000. Finally, Rakuten Securities Inc. boosted its position in shares of Vanguard Long-Term Treasury Index ETF by 116.4% in the 3rd quarter. Rakuten Securities Inc. now owns 1,448 shares of the company’s stock worth $89,000 after purchasing an additional 779 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Trading Up 0.6 %

NASDAQ VGLT opened at $58.02 on Thursday. Vanguard Long-Term Treasury Index ETF has a 12 month low of $53.79 and a 12 month high of $63.41. The stock has a 50-day simple moving average of $55.64 and a 200 day simple moving average of $58.23.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.2067 per share. The ex-dividend date of this dividend was Monday, February 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.