Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Sees Strong Trading Volume – What’s Next?

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) shares saw unusually-strong trading volume on Wednesday. 2,346,247 shares changed hands during mid-day trading, a decline of 8% from the previous session’s volume of 2,544,485 shares. The stock last traded at $50.2650 and had previously closed at $50.37.

Vanguard Long-Term Treasury ETF Trading Down 0.5%

The company has a 50 day simple moving average of $52.62 and a 200 day simple moving average of $54.05.

Institutional Trading of Vanguard Long-Term Treasury ETF

Several large investors have recently made changes to their positions in VGLT. Cassaday & Co Wealth Management LLC raised its stake in Vanguard Long-Term Treasury ETF by 3.1% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 4,867,782 shares of the company’s stock valued at $269,456,000 after purchasing an additional 147,421 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Vanguard Long-Term Treasury ETF by 27.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,530,593 shares of the company’s stock worth $194,818,000 after purchasing an additional 762,409 shares during the last quarter. Cambridge Associates LLC MA ADV boosted its stake in Vanguard Long-Term Treasury ETF by 7.2% during the 1st quarter. Cambridge Associates LLC MA ADV now owns 2,690,483 shares of the company’s stock worth $148,932,000 after purchasing an additional 179,727 shares during the last quarter. Annex Advisory Services LLC grew its holdings in shares of Vanguard Long-Term Treasury ETF by 13,989.5% during the second quarter. Annex Advisory Services LLC now owns 1,625,368 shares of the company’s stock worth $89,688,000 after buying an additional 1,613,832 shares in the last quarter. Finally, Strategic Financial Services Inc. grew its holdings in shares of Vanguard Long-Term Treasury ETF by 2.1% during the second quarter. Strategic Financial Services Inc. now owns 1,336,405 shares of the company’s stock worth $73,743,000 after buying an additional 28,085 shares in the last quarter.

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.