Skyline Advisors Inc. Boosts Stock Position in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT)

Skyline Advisors Inc. boosted its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 2.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,788 shares of the company’s stock after buying an additional 949 shares during the period. Vanguard Long-Term Treasury ETF makes up about 0.9% of Skyline Advisors Inc.’s investment portfolio, making the stock its 17th largest holding. Skyline Advisors Inc.’s holdings in Vanguard Long-Term Treasury ETF were worth $2,235,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Kestra Investment Management LLC purchased a new position in Vanguard Long-Term Treasury ETF in the 4th quarter worth approximately $29,000. Blair William & Co. IL lifted its holdings in shares of Vanguard Long-Term Treasury ETF by 81.8% during the fourth quarter. Blair William & Co. IL now owns 578 shares of the company’s stock valued at $32,000 after purchasing an additional 260 shares in the last quarter. Hurley Capital LLC purchased a new stake in shares of Vanguard Long-Term Treasury ETF during the fourth quarter valued at $38,000. Pinney & Scofield Inc. purchased a new stake in shares of Vanguard Long-Term Treasury ETF during the fourth quarter valued at $43,000. Finally, Bridge Generations Wealth Management LLC purchased a new position in Vanguard Long-Term Treasury ETF in the 4th quarter worth about $51,000.

Vanguard Long-Term Treasury ETF Stock Up 0.4%

Shares of NASDAQ VGLT opened at $54.65 on Wednesday. The firm’s 50-day moving average price is $55.31 and its 200-day moving average price is $56.17. Vanguard Long-Term Treasury ETF has a 52-week low of $53.18 and a 52-week high of $63.41.

Vanguard Long-Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a $0.2097 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $2.52 annualized dividend and a yield of 4.60%. This is a boost from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21.

Vanguard Long-Term Treasury 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.