Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Trading 2% Higher – What’s Next?

Shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) traded up 2% on Friday . The stock traded as high as $59.23 and last traded at $59.35. 724,055 shares were traded during trading, a decline of 71% from the average session volume of 2,462,481 shares. The stock had previously closed at $58.19.

Vanguard Long-Term Treasury Index ETF Price Performance

The company’s 50-day moving average is $56.91 and its 200-day moving average is $57.44.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a $0.2096 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date was Tuesday, April 1st. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous monthly dividend of $0.20.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in VGLT. Kestra Investment Management LLC acquired a new stake in Vanguard Long-Term Treasury Index ETF during the fourth quarter worth about $29,000. Blair William & Co. IL grew its holdings in shares of Vanguard Long-Term Treasury Index ETF by 81.8% during the 4th quarter. Blair William & Co. IL now owns 578 shares of the company’s stock worth $32,000 after purchasing an additional 260 shares during the period. Hurley Capital LLC acquired a new stake in Vanguard Long-Term Treasury Index ETF during the 4th quarter worth approximately $38,000. First Community Trust NA purchased a new position in Vanguard Long-Term Treasury Index ETF in the fourth quarter valued at approximately $43,000. Finally, Pinney & Scofield Inc. acquired a new position in Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at approximately $43,000.

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.