Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Sets New 1-Year Low – Here’s Why

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) shares reached a new 52-week low on Monday . The stock traded as low as $54.90 and last traded at $55.00, with a volume of 881371 shares traded. The stock had previously closed at $55.25.

Vanguard Long-Term Treasury Index ETF Trading Down 0.4 %

The business has a fifty day simple moving average of $57.23 and a 200 day simple moving average of $59.05.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a $0.2075 dividend. The ex-dividend date was Tuesday, December 24th.

Hedge Funds Weigh In On Vanguard Long-Term Treasury Index ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Long-Term Treasury Index ETF by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 44,472,238 shares of the company’s stock valued at $2,736,822,000 after purchasing an additional 410,850 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 9.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,922,162 shares of the company’s stock valued at $682,476,000 after buying an additional 1,033,360 shares during the period. Empower Advisory Group LLC increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 4.3% during the 3rd quarter. Empower Advisory Group LLC now owns 9,694,966 shares of the company’s stock worth $596,628,000 after buying an additional 403,531 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Vanguard Long-Term Treasury Index ETF by 10.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,514,698 shares of the company’s stock valued at $400,914,000 after acquiring an additional 637,415 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC grew its position in Vanguard Long-Term Treasury Index ETF by 91.7% in the third quarter. Cassaday & Co Wealth Management LLC now owns 3,836,692 shares of the company’s stock worth $236,110,000 after acquiring an additional 1,835,116 shares during the period.

Vanguard Long-Term Treasury Index ETF Company 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.