Kensington Asset Management LLC Takes $3.87 Million Position in Vanguard Long-Term Treasury ETF $VGLT
by Tristan Rich · The Markets DailyKensington Asset Management LLC purchased a new stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT – Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 69,922 shares of the company’s stock, valued at approximately $3,871,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Morgan Stanley boosted its position in Vanguard Long-Term Treasury ETF by 16.7% in the 4th quarter. Morgan Stanley now owns 10,894,021 shares of the company’s stock valued at $607,886,000 after buying an additional 1,562,796 shares during the last quarter. Nepc LLC increased its position in shares of Vanguard Long-Term Treasury ETF by 12.8% during the fourth quarter. Nepc LLC now owns 7,763,007 shares of the company’s stock worth $433,176,000 after acquiring an additional 878,866 shares during the last quarter. Bank of America Corp DE increased its position 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 acquiring an additional 336,479 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its position in shares of Vanguard Long-Term Treasury ETF by 3.1% during the first quarter. Cassaday & Co Wealth Management LLC now owns 4,867,782 shares of the company’s stock worth $269,456,000 after acquiring an additional 147,421 shares during the last quarter. Finally, Cambridge Associates LLC MA ADV lifted its stake in shares of Vanguard Long-Term Treasury ETF by 7.2% in the first quarter. Cambridge Associates LLC MA ADV now owns 2,690,483 shares of the company’s stock worth $148,932,000 after acquiring an additional 179,727 shares in the last quarter.
Vanguard Long-Term Treasury ETF Price Performance
Shares of VGLT opened at $52.74 on Friday. Vanguard Long-Term Treasury ETF has a one year low of $52.56 and a one year high of $58.44. The stock has a 50-day moving average price of $54.40 and a 200 day moving average price of $55.23.
Vanguard Long-Term Treasury ETF Announces Dividend
The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.2076 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Wednesday, July 1st.
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.
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