D.A. Davidson & CO. Invests $2.87 Million in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

D.A. Davidson & CO. acquired a new position in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 46,609 shares of the company’s stock, valued at approximately $2,868,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Ameriprise Financial Inc. increased its stake in Vanguard Long-Term Treasury Index ETF by 40.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,008,198 shares of the company’s stock valued at $712,033,000 after buying an additional 3,756,787 shares during the last quarter. Morgan Stanley boosted its holdings in Vanguard Long-Term Treasury Index ETF by 40.7% in the 3rd quarter. Morgan Stanley now owns 7,099,115 shares of the company’s stock valued at $394,072,000 after purchasing an additional 2,052,967 shares during the period. Comerica Bank bought a new stake in Vanguard Long-Term Treasury Index ETF in the 3rd quarter valued at about $65,225,000. Jordan Park Group LLC boosted its holdings in Vanguard Long-Term Treasury Index ETF by 128.0% in the 4th quarter. Jordan Park Group LLC now owns 1,720,900 shares of the company’s stock valued at $105,887,000 after purchasing an additional 966,173 shares during the period. Finally, UBS Group AG boosted its holdings in Vanguard Long-Term Treasury Index ETF by 67.9% in the 4th quarter. UBS Group AG now owns 1,746,828 shares of the company’s stock valued at $107,482,000 after purchasing an additional 706,229 shares during the period.

Vanguard Long-Term Treasury Index ETF Trading Down 0.6 %

NASDAQ VGLT opened at $57.23 on Friday. The firm’s 50 day simple moving average is $57.13 and its 200 day simple moving average is $58.30. Vanguard Long-Term Treasury Index ETF has a 1 year low of $51.90 and a 1 year high of $64.14.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were paid a dividend of $0.1932 per share. The ex-dividend date was Wednesday, May 1st.

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.