Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Sets New 52-Week Low – Should You Sell?

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $53.99 and last traded at $54.03, with a volume of 671930 shares changing hands. The stock had previously closed at $54.17.

Vanguard Long-Term Treasury Index ETF Stock Performance

The company has a 50 day simple moving average of $56.90 and a two-hundred day simple moving average of $58.90.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.2075 per share. The ex-dividend date of this dividend was Tuesday, December 24th.

Institutional Trading of Vanguard Long-Term Treasury Index ETF

A number of institutional investors have recently bought and sold shares of the stock. Auour Investments LLC increased its position in Vanguard Long-Term Treasury Index ETF by 2.9% during the third quarter. Auour Investments LLC now owns 7,163 shares of the company’s stock valued at $415,000 after acquiring an additional 201 shares during the last quarter. Dynamic Advisor Solutions LLC grew its holdings in Vanguard Long-Term Treasury Index ETF by 1.4% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 20,570 shares of the company’s stock valued at $1,266,000 after purchasing an additional 288 shares during the last quarter. Comprehensive Wealth Management LLC raised its position in Vanguard Long-Term Treasury Index ETF by 4.4% in the 3rd quarter. Comprehensive Wealth Management LLC now owns 7,216 shares of the company’s stock worth $444,000 after purchasing an additional 307 shares during the period. Alexander Labrunerie & CO. Inc. lifted its stake in Vanguard Long-Term Treasury Index ETF by 0.6% in the third quarter. Alexander Labrunerie & CO. Inc. now owns 59,452 shares of the company’s stock worth $3,659,000 after purchasing an additional 381 shares during the last quarter. Finally, James Investment Research Inc. boosted its position in shares of Vanguard Long-Term Treasury Index ETF by 1.3% during the third quarter. James Investment Research Inc. now owns 31,314 shares of the company’s stock valued at $1,927,000 after buying an additional 405 shares during the period.

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.