Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Shares Sold by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC reduced its stake in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 23.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 40,790 shares of the company’s stock after selling 12,361 shares during the quarter. Vanguard Long-Term Treasury Index ETF comprises 1.5% of Cobblestone Asset Management LLC’s portfolio, making the stock its 17th biggest holding. Cobblestone Asset Management LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $2,510,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VGLT. Lazard Asset Management LLC lifted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 23.0% in the first quarter. Lazard Asset Management LLC now owns 54,795 shares of the company’s stock valued at $3,246,000 after purchasing an additional 10,253 shares in the last quarter. Brookstone Capital Management purchased a new position in shares of Vanguard Long-Term Treasury Index ETF during the first quarter valued at approximately $206,000. NBC Securities Inc. lifted its stake in shares of Vanguard Long-Term Treasury Index ETF by 11.4% during the first quarter. NBC Securities Inc. now owns 2,847 shares of the company’s stock valued at $168,000 after buying an additional 292 shares during the period. Avantax Advisory Services Inc. lifted its stake in shares of Vanguard Long-Term Treasury Index ETF by 25.6% during the first quarter. Avantax Advisory Services Inc. now owns 26,593 shares of the company’s stock valued at $1,575,000 after buying an additional 5,424 shares during the period. Finally, Full Sail Capital LLC lifted its stake in shares of Vanguard Long-Term Treasury Index ETF by 2.8% during the second quarter. Full Sail Capital LLC now owns 261,371 shares of the company’s stock valued at $15,076,000 after buying an additional 7,052 shares during the period.

Vanguard Long-Term Treasury Index ETF Price Performance

Shares of VGLT opened at $59.08 on Friday. The company’s 50 day simple moving average is $61.17 and its 200 day simple moving average is $58.92. Vanguard Long-Term Treasury Index ETF has a 1 year low of $51.90 and a 1 year high of $63.41.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.2041 per share. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20. The ex-dividend date was Tuesday, September 3rd.

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.