Citigroup Inc. Trims Stake in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT)

Citigroup Inc. trimmed its stake in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 2.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,206,379 shares of the company’s stock after selling 25,878 shares during the period. Citigroup Inc. owned approximately 0.69% of Vanguard Long-Term Treasury ETF worth $69,500,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VGLT. Bank of Montreal Can grew its stake in shares of Vanguard Long-Term Treasury ETF by 7.2% during the fourth quarter. Bank of Montreal Can now owns 51,021 shares of the company’s stock valued at $2,824,000 after buying an additional 3,442 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Vanguard Long-Term Treasury ETF by 14.3% in the 4th quarter. Invesco Ltd. now owns 4,390 shares of the company’s stock valued at $243,000 after purchasing an additional 549 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard Long-Term Treasury ETF in the fourth quarter worth $37,568,000. Rockefeller Capital Management L.P. lifted its position in Vanguard Long-Term Treasury ETF by 70.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 30,448 shares of the company’s stock valued at $1,685,000 after buying an additional 12,557 shares during the period. Finally, Townsquare Capital LLC boosted its position in shares of Vanguard Long-Term Treasury ETF by 168.2% in the 4th quarter. Townsquare Capital LLC now owns 10,156 shares of the company’s stock worth $562,000 after purchasing an additional 6,369 shares in the last quarter.

Vanguard Long-Term Treasury ETF Price Performance

NASDAQ VGLT opened at $55.64 on Friday. The stock’s fifty day moving average price is $55.15 and its 200-day moving average price is $55.82. Vanguard Long-Term Treasury ETF has a 12 month low of $53.17 and a 12 month high of $63.41.

Vanguard Long-Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, August 5th. Investors of record on Friday, August 1st were given a dividend of $0.2094 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. This is a boost from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Friday, August 1st.

Vanguard Long-Term Treasury 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.