HighTower Advisors LLC Purchases 13,700 Shares of Vanguard Long-Term Treasury ETF $VGLT

HighTower Advisors LLC grew its position in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 11.1% during the fourth quarter, HoldingsChannel reports. The firm owned 137,457 shares of the company’s stock after buying an additional 13,700 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Long-Term Treasury ETF were worth $7,670,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of VGLT. Integrated Wealth Concepts LLC raised its position in shares of Vanguard Long-Term Treasury ETF by 7.9% in the first quarter. Integrated Wealth Concepts LLC now owns 5,719 shares of the company’s stock valued at $329,000 after purchasing an additional 421 shares during the period. Franklin Resources Inc. raised its position in shares of Vanguard Long-Term Treasury ETF by 876.4% in the second quarter. Franklin Resources Inc. now owns 2,519 shares of the company’s stock valued at $141,000 after purchasing an additional 2,261 shares during the period. Diversify Wealth Management LLC raised its position in shares of Vanguard Long-Term Treasury ETF by 14.4% in the second quarter. Diversify Wealth Management LLC now owns 67,671 shares of the company’s stock valued at $3,752,000 after purchasing an additional 8,505 shares during the period. Raymond James Financial Inc. raised its position in shares of Vanguard Long-Term Treasury ETF by 6.8% in the second quarter. Raymond James Financial Inc. now owns 788,157 shares of the company’s stock valued at $44,231,000 after purchasing an additional 50,210 shares during the period. Finally, Bank of America Corp DE raised its position in shares of Vanguard Long-Term Treasury ETF by 5.0% in the second quarter. Bank of America Corp DE now owns 7,037,090 shares of the company’s stock valued at $394,922,000 after purchasing an additional 336,479 shares during the period.

Vanguard Long-Term Treasury ETF Price Performance

NASDAQ:VGLT opened at $54.44 on Wednesday. Vanguard Long-Term Treasury ETF has a 12 month low of $53.04 and a 12 month high of $58.44. The company’s 50 day moving average is $54.97 and its 200-day moving average is $55.91.

Vanguard Long-Term Treasury ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a $0.2099 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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. Long Government Float Adjusted Index (the Index). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities greater than 10 years.