Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Stake Lessened by Independence Bank of Kentucky

Independence Bank of Kentucky reduced its stake in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 2.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,385 shares of the company’s stock after selling 550 shares during the period. Independence Bank of Kentucky’s holdings in Vanguard Long-Term Treasury Index ETF were worth $1,504,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fifth Third Bancorp bought a new stake in Vanguard Long-Term Treasury Index ETF in the fourth quarter valued at about $31,000. Iron Horse Wealth Management LLC boosted its holdings in Vanguard Long-Term Treasury Index ETF by 57.1% in the fourth quarter. Iron Horse Wealth Management LLC now owns 550 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares during the period. PNC Financial Services Group Inc. bought a new stake in Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at $42,000. Gradient Investments LLC raised its holdings in shares of Vanguard Long-Term Treasury Index ETF by 367.3% during the fourth quarter. Gradient Investments LLC now owns 1,056 shares of the company’s stock worth $65,000 after purchasing an additional 830 shares during the period. Finally, Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter worth $77,000.

Vanguard Long-Term Treasury Index ETF Trading Down 1.6 %

Shares of NASDAQ VGLT traded down $0.91 during midday trading on Friday, hitting $57.68. The company’s stock had a trading volume of 2,546,045 shares, compared to its average volume of 2,244,365. Vanguard Long-Term Treasury Index ETF has a 1-year low of $51.90 and a 1-year high of $63.69. The firm’s fifty day moving average price is $57.35 and its 200-day moving average price is $58.52.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were issued a $0.2025 dividend. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Monday, June 3rd.

Vanguard Long-Term Treasury Index ETF 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.