Cassaday & Co Wealth Management LLC Has $115.45 Million Holdings in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Cassaday & Co Wealth Management LLC raised its position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 2.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,001,576 shares of the company’s stock after buying an additional 43,534 shares during the quarter. Vanguard Long-Term Treasury Index ETF comprises about 3.6% of Cassaday & Co Wealth Management LLC’s holdings, making the stock its 6th largest position. Cassaday & Co Wealth Management LLC owned about 0.90% of Vanguard Long-Term Treasury Index ETF worth $115,451,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VGLT. Hantz Financial Services Inc. purchased a new position in shares of Vanguard Long-Term Treasury Index ETF during the second quarter valued at about $156,000. Kings Path Partners LLC purchased a new position in Vanguard Long-Term Treasury Index ETF in the 2nd quarter worth approximately $1,410,000. Forum Financial Management LP lifted its position in shares of Vanguard Long-Term Treasury Index ETF by 62.8% in the second quarter. Forum Financial Management LP now owns 110,885 shares of the company’s stock worth $6,396,000 after buying an additional 42,771 shares in the last quarter. TrueMark Investments LLC purchased a new stake in Vanguard Long-Term Treasury Index ETF during the second quarter valued at approximately $276,000. Finally, UMB Bank n.a. boosted its stake in shares of Vanguard Long-Term Treasury Index ETF by 5.1% during the 2nd quarter. UMB Bank n.a. now owns 45,049 shares of the company’s stock worth $2,598,000 after purchasing an additional 2,168 shares during the period.

Vanguard Long-Term Treasury Index ETF Price Performance

VGLT stock traded down $0.55 during trading on Friday, reaching $60.50. 2,616,412 shares of the company traded hands, compared to its average volume of 2,204,783. The business has a 50 day simple moving average of $59.48 and a 200 day simple moving average of $58.31. Vanguard Long-Term Treasury Index ETF has a 12 month low of $51.90 and a 12 month high of $62.50.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a dividend of $0.2014 per share. This represents a $2.42 annualized dividend and a dividend yield of 3.99%. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous monthly dividend of $0.19. The ex-dividend date was Thursday, August 1st.

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.