Summit Trail Advisors LLC Sells 4,244 Shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Summit Trail Advisors LLC reduced its position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 21.1% during the third quarter, HoldingsChannel.com reports. The firm owned 15,830 shares of the company’s stock after selling 4,244 shares during the period. Summit Trail Advisors LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $974,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VGLT. Nwam LLC purchased a new position in shares of Vanguard Long-Term Treasury Index ETF during the third quarter worth approximately $381,000. 49 Wealth Management LLC grew its stake in Vanguard Long-Term Treasury Index ETF by 40.8% in the third quarter. 49 Wealth Management LLC now owns 327,216 shares of the company’s stock worth $20,137,000 after purchasing an additional 94,823 shares in the last quarter. Running Point Capital Advisors LLC increased its holdings in Vanguard Long-Term Treasury Index ETF by 3.5% during the 3rd quarter. Running Point Capital Advisors LLC now owns 24,236 shares of the company’s stock worth $1,491,000 after purchasing an additional 815 shares during the period. EverSource Wealth Advisors LLC raised its position in Vanguard Long-Term Treasury Index ETF by 117.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 27,838 shares of the company’s stock valued at $1,713,000 after purchasing an additional 15,032 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 91.7% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 3,836,692 shares of the company’s stock worth $236,110,000 after buying an additional 1,835,116 shares during the period.

Vanguard Long-Term Treasury Index ETF Stock Up 2.4 %

NASDAQ:VGLT opened at $58.31 on Tuesday. The company has a 50-day moving average of $59.07 and a 200 day moving average of $59.17. Vanguard Long-Term Treasury Index ETF has a 1-year low of $54.96 and a 1-year high of $63.41.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.2123 dividend. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20.

About Vanguard Long-Term Treasury Index 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.