Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Shares Sold by Tandem Financial LLC

Tandem Financial LLC trimmed its position in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 3.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 148,527 shares of the company’s stock after selling 5,504 shares during the period. Vanguard Long-Term Treasury ETF accounts for approximately 9.3% of Tandem Financial LLC’s investment portfolio, making the stock its 2nd biggest position. Tandem Financial LLC owned approximately 0.09% of Vanguard Long-Term Treasury ETF worth $8,557,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nepc LLC boosted its position in Vanguard Long-Term Treasury ETF by 50.4% during the fourth quarter. Nepc LLC now owns 6,061,870 shares of the company’s stock worth $335,525,000 after purchasing an additional 2,032,558 shares during the period. Voya Investment Management LLC grew its stake in Vanguard Long-Term Treasury ETF by 8.2% in the 4th quarter. Voya Investment Management LLC now owns 4,377,634 shares of the company’s stock valued at $242,302,000 after buying an additional 332,365 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in Vanguard Long-Term Treasury ETF by 23.3% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 3,781,477 shares of the company’s stock valued at $217,851,000 after acquiring an additional 713,762 shares during the period. SCS Capital Management LLC lifted its position in Vanguard Long-Term Treasury ETF by 6.7% during the fourth quarter. SCS Capital Management LLC now owns 2,985,854 shares of the company’s stock worth $165,267,000 after acquiring an additional 186,703 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Vanguard Long-Term Treasury ETF by 9.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768,923 shares of the company’s stock worth $146,866,000 after acquiring an additional 228,220 shares during the period.

Vanguard Long-Term Treasury ETF Stock Up 1.5%

Vanguard Long-Term Treasury ETF stock opened at $55.62 on Wednesday. Vanguard Long-Term Treasury ETF has a 12 month low of $53.17 and a 12 month high of $63.41. The stock’s 50 day moving average is $54.90 and its 200-day moving average is $55.77.

Vanguard Long-Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were issued a dividend of $0.2039 per share. This represents a $2.45 annualized dividend and a dividend yield of 4.40%. The ex-dividend date was Tuesday, July 1st.

About Vanguard Long-Term Treasury 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.