Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) is Red Tortoise LLC’s 4th Largest Position

Red Tortoise LLC grew its holdings in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 6.6% during the 4th quarter, Holdings Channel reports. The fund owned 175,523 shares of the company’s stock after purchasing an additional 10,926 shares during the period. Vanguard Long-Term Treasury Index ETF makes up about 5.0% of Red Tortoise LLC’s holdings, making the stock its 4th largest holding. Red Tortoise LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $9,715,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VGLT. Journey Strategic Wealth LLC purchased a new position in Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at approximately $1,428,000. Independence Bank of Kentucky increased its holdings in Vanguard Long-Term Treasury Index ETF by 49.5% in the 4th quarter. Independence Bank of Kentucky now owns 33,598 shares of the company’s stock worth $1,860,000 after acquiring an additional 11,131 shares in the last quarter. Northeast Financial Group Inc. purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter worth about $245,000. Manning & Napier Advisors LLC raised its holdings in shares of Vanguard Long-Term Treasury Index ETF by 2.4% during the fourth quarter. Manning & Napier Advisors LLC now owns 215,095 shares of the company’s stock valued at $11,906,000 after acquiring an additional 5,009 shares during the last quarter. Finally, Barry Investment Advisors LLC acquired a new position in Vanguard Long-Term Treasury Index ETF in the 4th quarter valued at $1,070,000.

Vanguard Long-Term Treasury Index ETF Price Performance

NASDAQ:VGLT opened at $55.67 on Monday. The company’s 50-day moving average price is $56.29 and its 200-day moving average price is $58.60. Vanguard Long-Term Treasury Index ETF has a twelve month low of $53.79 and a twelve month high of $63.41.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.2075 dividend. The ex-dividend date was Tuesday, December 24th.

Vanguard Long-Term Treasury Index 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.