Royal Bank of Canada Has $26.93 Million Stock Holdings in Vanguard Long-Term Treasury ETF $VGLT

Royal Bank of Canada boosted its stake in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 70.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 486,531 shares of the company’s stock after acquiring an additional 201,176 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard Long-Term Treasury ETF were worth $26,932,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Commonwealth Retirement Investments LLC bought a new stake in shares of Vanguard Long-Term Treasury ETF during the fourth quarter worth $26,000. Aptus Capital Advisors LLC lifted its stake in shares of Vanguard Long-Term Treasury ETF by 123.9% in the 4th quarter. Aptus Capital Advisors LLC now owns 591 shares of the company’s stock valued at $33,000 after acquiring an additional 327 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake in shares of Vanguard Long-Term Treasury ETF by 1,010.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 611 shares of the company’s stock valued at $33,000 after acquiring an additional 556 shares during the last quarter. Bogart Wealth LLC boosted its holdings in shares of Vanguard Long-Term Treasury ETF by 88.0% during the 4th quarter. Bogart Wealth LLC now owns 613 shares of the company’s stock valued at $34,000 after acquiring an additional 287 shares in the last quarter. Finally, Capital Analysts LLC boosted its holdings in shares of Vanguard Long-Term Treasury ETF by 38.6% during the 4th quarter. Capital Analysts LLC now owns 653 shares of the company’s stock valued at $36,000 after acquiring an additional 182 shares in the last quarter.

Vanguard Long-Term Treasury ETF Stock Performance

Shares of VGLT stock opened at $53.16 on Wednesday. Vanguard Long-Term Treasury ETF has a twelve month low of $52.56 and a twelve month high of $58.44. The stock’s fifty day simple moving average is $54.34 and its 200 day simple moving average is $55.18.

Vanguard Long-Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd will be paid a dividend of $0.2145 per share. The ex-dividend date of this dividend is Monday, August 3rd. This is a positive change from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

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.