J.W. Cole Advisors Inc. Invests $287,000 in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

J.W. Cole Advisors Inc. acquired a new stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 4,667 shares of the company’s stock, valued at approximately $287,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VGLT. PNC Financial Services Group Inc. purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter worth $42,000. Brookstone Capital Management purchased a new stake in Vanguard Long-Term Treasury Index ETF during the 1st quarter valued at about $206,000. Diversify Advisory Services LLC acquired a new stake in Vanguard Long-Term Treasury Index ETF in the 1st quarter valued at about $1,644,000. Concourse Financial Group Securities Inc. lifted its stake in Vanguard Long-Term Treasury Index ETF by 50.0% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 4,311 shares of the company’s stock worth $255,000 after purchasing an additional 1,437 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 149.0% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 859,294 shares of the company’s stock worth $50,905,000 after purchasing an additional 514,247 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Stock Performance

VGLT stock opened at $58.13 on Friday. Vanguard Long-Term Treasury Index ETF has a 1 year low of $52.60 and a 1 year high of $63.41. The business has a 50 day simple moving average of $60.62 and a 200-day simple moving average of $58.97.

Vanguard Long-Term Treasury Index ETF Increases Dividend

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

Vanguard Long-Term Treasury Index 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.