Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Reaches New 52-Week Low – Here’s What Happened

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $51.67 and last traded at $51.6620, with a volume of 1514328 shares. The stock had previously closed at $52.41.

Vanguard Long-Term Treasury ETF Stock Performance

The firm has a fifty day moving average price of $52.92 and a 200 day moving average price of $54.24.

Institutional Investors Weigh In On Vanguard Long-Term Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in VGLT. Talon Private Wealth LLC lifted its position in shares of Vanguard Long-Term Treasury ETF by 19.4% during the second quarter. Talon Private Wealth LLC now owns 19,639 shares of the company’s stock worth $1,084,000 after purchasing an additional 3,188 shares in the last quarter. Tortoise Investment Management LLC increased its holdings in shares of Vanguard Long-Term Treasury ETF by 13.0% in the second quarter. Tortoise Investment Management LLC now owns 495,847 shares of the company’s stock valued at $27,361,000 after purchasing an additional 57,195 shares in the last quarter. Tidal Investments LLC raised its position in Vanguard Long-Term Treasury ETF by 3.0% in the 2nd quarter. Tidal Investments LLC now owns 225,704 shares of the company’s stock worth $12,454,000 after purchasing an additional 6,641 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in Vanguard Long-Term Treasury ETF by 47.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 9,788 shares of the company’s stock worth $540,000 after purchasing an additional 3,157 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in Vanguard Long-Term Treasury ETF by 891.8% during the 2nd quarter. NewEdge Advisors LLC now owns 268,341 shares of the company’s stock worth $14,807,000 after buying an additional 241,285 shares in the last quarter.

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.