Fifth Third Bancorp Buys 1,210,464 Shares of Vanguard Long-Term Treasury ETF $VGLT

Fifth Third Bancorp grew its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 141,574.7% in the 1st quarter, HoldingsChannel reports. The fund owned 1,211,319 shares of the company’s stock after purchasing an additional 1,210,464 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Long-Term Treasury ETF were worth $67,053,000 as of its most recent filing with the Securities & Exchange Commission.

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

Vanguard Long-Term Treasury ETF Price Performance

VGLT opened at $54.05 on Monday. The stock has a fifty day moving average of $54.61 and a 200-day moving average of $55.48. Vanguard Long-Term Treasury ETF has a fifty-two week low of $53.04 and a fifty-two week high of $58.44.

Vanguard Long-Term Treasury ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a dividend of $0.2076 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

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. 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.