Prime Capital Investment Advisors LLC Purchases 109,836 Shares of Vanguard Long-Term Treasury ETF $VGLT

Prime Capital Investment Advisors LLC boosted its position in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 11.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,046,655 shares of the company’s stock after acquiring an additional 109,836 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Vanguard Long-Term Treasury ETF were worth $59,513,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGLT. Thompson Investment Management Inc. acquired a new position in Vanguard Long-Term Treasury ETF during the 3rd quarter valued at about $30,000. Howe & Rusling Inc. acquired a new stake in shares of Vanguard Long-Term Treasury ETF during the 3rd quarter worth approximately $32,000. First Horizon Corp bought a new stake in shares of Vanguard Long-Term Treasury ETF during the third quarter worth approximately $33,000. High Note Wealth LLC acquired a new position in Vanguard Long-Term Treasury ETF in the third quarter valued at approximately $44,000. Finally, Crews Bank & Trust acquired a new position in Vanguard Long-Term Treasury ETF in the third quarter valued at approximately $49,000.

Vanguard Long-Term Treasury ETF Stock Up 1.0%

Shares of VGLT stock opened at $55.91 on Friday. The firm’s 50 day moving average price is $56.05 and its two-hundred day moving average price is $56.38. Vanguard Long-Term Treasury ETF has a 52-week low of $53.17 and a 52-week high of $59.46.

Vanguard Long-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.2145 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.6%. This is an increase from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21.

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.