Truvestments Capital LLC Trims Stock Position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Truvestments Capital LLC lessened its stake in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 87.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,141 shares of the company’s stock after selling 61,428 shares during the quarter. Truvestments Capital LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $506,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VGLT. Bank of New York Mellon Corp increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 15.9% in the 4th quarter. Bank of New York Mellon Corp now owns 430,037 shares of the company’s stock valued at $23,803,000 after acquiring an additional 58,966 shares during the period. Private Advisor Group LLC increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 11.9% in the 4th quarter. Private Advisor Group LLC now owns 6,204 shares of the company’s stock valued at $343,000 after acquiring an additional 660 shares during the period. Stifel Financial Corp increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 15.9% in the 3rd quarter. Stifel Financial Corp now owns 64,939 shares of the company’s stock valued at $3,996,000 after acquiring an additional 8,911 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 18.2% in the 4th quarter. Jones Financial Companies Lllp now owns 7,230 shares of the company’s stock valued at $400,000 after acquiring an additional 1,111 shares during the period. Finally, HighTower Advisors LLC increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 74.3% in the 3rd quarter. HighTower Advisors LLC now owns 99,742 shares of the company’s stock valued at $6,133,000 after acquiring an additional 42,507 shares during the period.

Vanguard Long-Term Treasury Index ETF Price Performance

Shares of VGLT opened at $56.89 on Thursday. The company’s fifty day moving average is $56.05 and its two-hundred day moving average is $57.98. Vanguard Long-Term Treasury Index ETF has a 1 year low of $53.80 and a 1 year high of $63.41.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.1893 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.