Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Sees Large Volume Increase – Should You Buy?

Shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) saw strong trading volume on Friday . 16,644,533 shares traded hands during mid-day trading, an increase of 408% from the previous session’s volume of 3,276,474 shares.The stock last traded at $54.80 and had previously closed at $55.82.

Vanguard Long-Term Treasury ETF Stock Down 1.9%

The firm has a fifty day moving average price of $56.32 and a 200 day moving average price of $56.63.

Vanguard Long-Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.1874 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

Institutional Trading of Vanguard Long-Term Treasury ETF

Large investors have recently made changes to their positions in the business. Capital Analysts LLC raised its holdings in shares of Vanguard Long-Term Treasury ETF by 38.6% in the fourth quarter. Capital Analysts LLC now owns 653 shares of the company’s stock valued at $36,000 after buying an additional 182 shares during the last quarter. Sightline Wealth Advisors LLC grew its holdings in Vanguard Long-Term Treasury ETF by 1.5% during the 4th quarter. Sightline Wealth Advisors LLC now owns 13,007 shares of the company’s stock worth $726,000 after acquiring an additional 190 shares during the last quarter. Clearstead Advisors LLC increased its position in Vanguard Long-Term Treasury ETF by 34.6% in the 3rd quarter. Clearstead Advisors LLC now owns 810 shares of the company’s stock valued at $46,000 after acquiring an additional 208 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Vanguard Long-Term Treasury ETF by 9.7% in the third quarter. PNC Financial Services Group Inc. now owns 2,356 shares of the company’s stock worth $134,000 after acquiring an additional 208 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB raised its stake in shares of Vanguard Long-Term Treasury ETF by 6.4% in the third quarter. Wilmington Savings Fund Society FSB now owns 3,767 shares of the company’s stock worth $214,000 after acquiring an additional 227 shares during the last quarter.

About Vanguard Long-Term Treasury ETF

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.