Cassaday & Co Wealth Management LLC Sells 768,977 Shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Cassaday & Co Wealth Management LLC reduced its holdings in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 20.0% in the 4th quarter, HoldingsChannel reports. The fund owned 3,067,715 shares of the company’s stock after selling 768,977 shares during the period. Vanguard Long-Term Treasury Index ETF comprises approximately 4.6% of Cassaday & Co Wealth Management LLC’s holdings, making the stock its 5th biggest position. Cassaday & Co Wealth Management LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $169,798,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC bought a new position in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter worth about $29,000. First Community Trust NA acquired a new stake in Vanguard Long-Term Treasury Index ETF during the 4th quarter valued at approximately $43,000. Geneos Wealth Management Inc. raised its holdings in Vanguard Long-Term Treasury Index ETF by 50.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 943 shares of the company’s stock worth $52,000 after purchasing an additional 318 shares during the last quarter. JFS Wealth Advisors LLC acquired a new position in shares of Vanguard Long-Term Treasury Index ETF in the 3rd quarter worth approximately $53,000. Finally, Bristlecone Advisors LLC bought a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 3rd quarter valued at $55,000.

Vanguard Long-Term Treasury Index ETF Trading Up 0.3 %

VGLT opened at $56.05 on Friday. Vanguard Long-Term Treasury Index ETF has a twelve month low of $53.79 and a twelve month high of $63.41. The company has a fifty day moving average of $55.61 and a 200-day moving average of $58.34.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2067 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.