Charles Schwab Investment Management Inc. Sells 7,233 Shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Charles Schwab Investment Management Inc. reduced its stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 0.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,859,648 shares of the company’s stock after selling 7,233 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Vanguard Long-Term Treasury Index ETF were worth $175,983,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VGLT. O Shaughnessy Asset Management LLC bought a new stake in shares of Vanguard Long-Term Treasury Index ETF during the 1st quarter valued at $692,000. Lazard Asset Management LLC raised its stake in Vanguard Long-Term Treasury Index ETF by 23.0% in the first quarter. Lazard Asset Management LLC now owns 54,795 shares of the company’s stock valued at $3,246,000 after purchasing an additional 10,253 shares in the last quarter. Ashford Capital Management Inc. lifted its position in Vanguard Long-Term Treasury Index ETF by 25.5% during the first quarter. Ashford Capital Management Inc. now owns 59,653 shares of the company’s stock worth $3,534,000 after purchasing an additional 12,118 shares during the period. Semmax Financial Advisors Inc. grew its stake in Vanguard Long-Term Treasury Index ETF by 8.2% during the first quarter. Semmax Financial Advisors Inc. now owns 17,600 shares of the company’s stock worth $999,000 after buying an additional 1,335 shares in the last quarter. Finally, Aspect Partners LLC bought a new position in Vanguard Long-Term Treasury Index ETF in the 1st quarter valued at about $95,000.

Vanguard Long-Term Treasury Index ETF Stock Performance

Shares of NASDAQ:VGLT opened at $56.97 on Friday. The firm has a 50 day moving average of $59.17 and a 200-day moving average of $59.13. Vanguard Long-Term Treasury Index ETF has a 12 month low of $54.96 and a 12 month high of $63.41.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.2123 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20.

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.