Dynamic Advisor Solutions LLC Invests $1.11 Million in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT)

Dynamic Advisor Solutions LLC acquired a new position in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 19,287 shares of the company’s stock, valued at approximately $1,111,000.

Other hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp increased its stake in shares of Vanguard Long-Term Treasury ETF by 15.9% during the 4th quarter. Bank of New York Mellon Corp now owns 430,037 shares of the company’s stock worth $23,803,000 after purchasing an additional 58,966 shares in the last quarter. Blair William & Co. IL grew its stake in Vanguard Long-Term Treasury ETF by 81.8% in the 4th quarter. Blair William & Co. IL now owns 578 shares of the company’s stock worth $32,000 after acquiring an additional 260 shares during the period. Private Advisor Group LLC grew its stake in Vanguard Long-Term Treasury ETF by 11.9% in the 4th quarter. Private Advisor Group LLC now owns 6,204 shares of the company’s stock worth $343,000 after acquiring an additional 660 shares during the period. Hirtle Callaghan & Co LLC grew its stake in Vanguard Long-Term Treasury ETF by 4.0% in the 4th quarter. Hirtle Callaghan & Co LLC now owns 23,300 shares of the company’s stock worth $1,290,000 after acquiring an additional 901 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in Vanguard Long-Term Treasury ETF by 18.2% in the 4th quarter. Jones Financial Companies Lllp now owns 7,230 shares of the company’s stock worth $400,000 after acquiring an additional 1,111 shares during the period.

Vanguard Long-Term Treasury ETF Stock Up 1.1%

VGLT stock opened at $55.09 on Wednesday. Vanguard Long-Term Treasury ETF has a one year low of $53.18 and a one year high of $63.41. The company has a 50 day moving average price of $55.13 and a two-hundred day moving average price of $56.04.

Vanguard Long-Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a $0.2097 dividend. This is a boost from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21. This represents a $2.52 annualized dividend and a yield of 4.57%. The ex-dividend date of this dividend was Monday, June 2nd.

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.