Bank of New York Mellon Corp Has $29.18 Million Position in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT)

Bank of New York Mellon Corp boosted its position in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 17.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 506,560 shares of the company’s stock after buying an additional 76,523 shares during the period. Bank of New York Mellon Corp owned approximately 0.29% of Vanguard Long-Term Treasury ETF worth $29,183,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Blair William & Co. IL boosted its stake in Vanguard Long-Term Treasury ETF by 81.8% during the 4th quarter. Blair William & Co. IL now owns 578 shares of the company’s stock valued at $32,000 after purchasing an additional 260 shares during the last quarter. Hurley Capital LLC acquired a new position in Vanguard Long-Term Treasury ETF during the 4th quarter valued at about $38,000. Pinney & Scofield Inc. acquired a new position in Vanguard Long-Term Treasury ETF during the 4th quarter valued at about $43,000. Bridge Generations Wealth Management LLC acquired a new position in Vanguard Long-Term Treasury ETF during the 4th quarter valued at about $51,000. Finally, EQ Wealth Advisors LLC acquired a new position in Vanguard Long-Term Treasury ETF during the 1st quarter valued at about $71,000.

Vanguard Long-Term Treasury ETF Stock Up 0.2%

VGLT stock opened at $54.31 on Thursday. The business has a 50 day moving average of $54.89 and a 200-day moving average of $55.77. Vanguard Long-Term Treasury ETF has a 12-month low of $53.18 and a 12-month high of $63.41.

Vanguard Long-Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were issued a $0.2039 dividend. This represents a $2.45 annualized dividend and a dividend yield of 4.51%. The ex-dividend date of this dividend was Tuesday, July 1st.

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.