Envestnet Portfolio Solutions Inc. Sells 5,633 Shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Envestnet Portfolio Solutions Inc. cut its stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 49.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,689 shares of the company’s stock after selling 5,633 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Long-Term Treasury Index ETF were worth $328,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. ORG Partners LLC bought a new position in Vanguard Long-Term Treasury Index ETF in the 2nd quarter worth $127,000. RHS Financial LLC grew its position in shares of Vanguard Long-Term Treasury Index ETF by 1.9% in the 2nd quarter. RHS Financial LLC now owns 21,361 shares of the company’s stock worth $1,232,000 after buying an additional 404 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Vanguard Long-Term Treasury Index ETF by 5.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 5,877,283 shares of the company’s stock worth $339,002,000 after buying an additional 313,557 shares during the period. Aspect Partners LLC grew its position in shares of Vanguard Long-Term Treasury Index ETF by 815.0% in the 2nd quarter. Aspect Partners LLC now owns 14,740 shares of the company’s stock worth $850,000 after buying an additional 13,129 shares during the period. Finally, Diversify Advisory Services LLC grew its position in shares of Vanguard Long-Term Treasury Index ETF by 27.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 36,165 shares of the company’s stock worth $2,096,000 after buying an additional 7,829 shares during the period.

Vanguard Long-Term Treasury Index ETF Stock Down 0.9 %

NASDAQ:VGLT opened at $61.19 on Friday. The firm’s 50-day moving average price is $59.22 and its 200-day moving average price is $58.22. Vanguard Long-Term Treasury Index ETF has a 1-year low of $51.90 and a 1-year high of $62.50.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a $0.2014 dividend. The ex-dividend date was Thursday, August 1st. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous monthly dividend of $0.19. This represents a $2.42 dividend on an annualized basis and a dividend yield of 3.95%.

Vanguard Long-Term Treasury Index ETF 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.