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

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) saw an uptick in trading volume on Monday . 3,361,348 shares were traded during trading, an increase of 104% from the previous session’s volume of 1,647,027 shares.The stock last traded at $55.9450 and had previously closed at $55.69.

Vanguard Long-Term Treasury ETF Price Performance

The firm’s 50-day moving average is $56.53 and its 200-day moving average is $56.28.

Hedge Funds Weigh In On Vanguard Long-Term Treasury ETF

Several institutional investors have recently modified their holdings of VGLT. Atlanta Consulting Group Advisors LLC bought a new stake in Vanguard Long-Term Treasury ETF during the 2nd quarter valued at approximately $749,000. Ameritas Advisory Services LLC purchased a new position in shares of Vanguard Long-Term Treasury ETF in the 2nd quarter valued at approximately $50,000. Envestnet Portfolio Solutions Inc. boosted its position in shares of Vanguard Long-Term Treasury ETF by 3.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,501 shares of the company’s stock valued at $421,000 after purchasing an additional 284 shares in the last quarter. Allworth Financial LP boosted its position in shares of Vanguard Long-Term Treasury ETF by 1.0% during the second quarter. Allworth Financial LP now owns 303,400 shares of the company’s stock valued at $17,027,000 after purchasing an additional 3,123 shares in the last quarter. Finally, Aurelius Family Office LLC grew its stake in Vanguard Long-Term Treasury ETF by 6.9% in the third quarter. Aurelius Family Office LLC now owns 205,903 shares of the company’s stock worth $11,708,000 after purchasing an additional 13,253 shares during the period.

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.