Hennion & Walsh Asset Management Inc. Increases Stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Hennion & Walsh Asset Management Inc. raised its holdings in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 56.5% in the first quarter, Holdings Channel reports. The institutional investor owned 44,860 shares of the company’s stock after acquiring an additional 16,191 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Vanguard Long-Term Treasury Index ETF were worth $2,658,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. D.A. Davidson & CO. purchased a new stake in Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at approximately $2,868,000. Lincoln National Corp increased its holdings in Vanguard Long-Term Treasury Index ETF by 226.0% during the fourth quarter. Lincoln National Corp now owns 28,331 shares of the company’s stock valued at $1,743,000 after buying an additional 19,640 shares during the last quarter. Bailard Inc. purchased a new stake in Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at approximately $4,592,000. U.S. Capital Wealth Advisors LLC purchased a new stake in Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at approximately $681,000. Finally, First Financial Bankshares Inc purchased a new stake in Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at approximately $16,222,000.

Vanguard Long-Term Treasury Index ETF Stock Down 1.6 %

VGLT stock traded down $0.91 during midday trading on Friday, reaching $57.68. 2,546,045 shares of the company’s stock traded hands, compared to its average volume of 2,244,365. The stock’s 50-day moving average is $57.35 and its 200 day moving average is $58.52. Vanguard Long-Term Treasury Index ETF has a 52-week low of $51.90 and a 52-week high of $63.69.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were paid a $0.2025 dividend. The ex-dividend date was Monday, June 3rd. This is a boost from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.19.

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.