Covington Investment Advisors Inc. Invests $7.39 Million in Vanguard Long-Term Treasury ETF $VGLT

Covington Investment Advisors Inc. acquired a new stake in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 133,995 shares of the company’s stock, valued at approximately $7,394,000. Covington Investment Advisors Inc. owned approximately 0.07% of Vanguard Long-Term Treasury ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Commonwealth Retirement Investments LLC purchased a new position in Vanguard Long-Term Treasury ETF during the fourth quarter valued at $26,000. Aptus Capital Advisors LLC increased its stake in shares of Vanguard Long-Term Treasury ETF by 123.9% in the 4th quarter. Aptus Capital Advisors LLC now owns 591 shares of the company’s stock worth $33,000 after acquiring an additional 327 shares during the last quarter. Cornerstone Planning Group LLC increased its stake in shares of Vanguard Long-Term Treasury ETF by 1,010.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 611 shares of the company’s stock worth $33,000 after acquiring an additional 556 shares during the last quarter. Capital Analysts LLC raised its holdings in shares of Vanguard Long-Term Treasury ETF by 38.6% during the 4th quarter. Capital Analysts LLC now owns 653 shares of the company’s stock worth $36,000 after acquiring an additional 182 shares during the period. Finally, NFSG Corp purchased a new position in shares of Vanguard Long-Term Treasury ETF during the 1st quarter worth $42,000.

Vanguard Long-Term Treasury ETF Price Performance

Shares of VGLT stock opened at $52.98 on Tuesday. Vanguard Long-Term Treasury ETF has a twelve month low of $52.24 and a twelve month high of $58.44. The company’s 50-day moving average price is $53.68 and its 200-day moving average price is $54.79.

Vanguard Long-Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.2145 per share. This represents a c) dividend on an annualized basis and a yield of 4.9%. This is a boost from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Monday, August 3rd.

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.