Focus Financial Network Inc. Has $8.14 Million Position in Vanguard Long-Term Treasury ETF $VGLT

Focus Financial Network Inc. boosted its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 63.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 147,527 shares of the company’s stock after purchasing an additional 57,412 shares during the quarter. Focus Financial Network Inc. owned about 0.08% of Vanguard Long-Term Treasury ETF worth $8,141,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VGLT. Morgan Stanley lifted its stake in shares of Vanguard Long-Term Treasury ETF by 16.7% in the fourth quarter. Morgan Stanley now owns 10,894,021 shares of the company’s stock worth $607,886,000 after buying an additional 1,562,796 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Vanguard Long-Term Treasury ETF by 168.4% during the 2nd quarter. Corient Private Wealth LLC now owns 2,049,058 shares of the company’s stock worth $114,993,000 after buying an additional 1,285,615 shares during the period. Fifth Third Bancorp boosted its holdings in shares of Vanguard Long-Term Treasury ETF by 141,574.7% during the 1st quarter. Fifth Third Bancorp now owns 1,211,319 shares of the company’s stock worth $67,053,000 after buying an additional 1,210,464 shares during the period. Nepc LLC grew its stake in Vanguard Long-Term Treasury ETF by 12.8% in the 4th quarter. Nepc LLC now owns 7,763,007 shares of the company’s stock valued at $433,176,000 after buying an additional 878,866 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new position in Vanguard Long-Term Treasury ETF in the 3rd quarter valued at $29,441,000.

Vanguard Long-Term Treasury ETF Stock Performance

Shares of VGLT opened at $53.08 on Monday. Vanguard Long-Term Treasury ETF has a one year low of $52.56 and a one year high of $58.44. The company’s fifty day moving average price is $54.24 and its 200 day moving average price is $55.11.

Vanguard Long-Term Treasury ETF Increases Dividend

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

Vanguard Long-Term Treasury ETF Company 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.