Assetmark Inc. Has $45.90 Million Stake in Vanguard Long-Term Treasury ETF $VGLT

Assetmark Inc. grew its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 75.1% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 807,278 shares of the company’s stock after buying an additional 346,348 shares during the period. Assetmark Inc. owned approximately 0.46% of Vanguard Long-Term Treasury ETF worth $45,902,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VGLT. Empower Advisory Group LLC lifted its position in shares of Vanguard Long-Term Treasury ETF by 7.2% in the 2nd quarter. Empower Advisory Group LLC now owns 12,485,403 shares of the company’s stock worth $700,681,000 after acquiring an additional 833,733 shares during the period. Voya Investment Management LLC raised its stake in shares of Vanguard Long-Term Treasury ETF by 2.7% in the third quarter. Voya Investment Management LLC now owns 8,201,497 shares of the company’s stock valued at $466,337,000 after purchasing an additional 212,199 shares in the last quarter. Bank of America Corp DE lifted its position in Vanguard Long-Term Treasury ETF by 5.0% in the second quarter. Bank of America Corp DE now owns 7,037,090 shares of the company’s stock worth $394,922,000 after purchasing an additional 336,479 shares during the period. Cassaday & Co Wealth Management LLC boosted its stake in Vanguard Long-Term Treasury ETF by 15.2% during the second quarter. Cassaday & Co Wealth Management LLC now owns 4,356,556 shares of the company’s stock worth $244,490,000 after buying an additional 575,079 shares in the last quarter. Finally, SCS Capital Management LLC boosted its stake in Vanguard Long-Term Treasury ETF by 0.7% during the second quarter. SCS Capital Management LLC now owns 3,174,110 shares of the company’s stock worth $178,131,000 after buying an additional 22,481 shares in the last quarter.

Vanguard Long-Term Treasury ETF Stock Performance

Shares of VGLT stock opened at $57.18 on Friday. The firm has a fifty day moving average of $56.02 and a 200-day moving average of $56.44. Vanguard Long-Term Treasury ETF has a 52-week low of $53.17 and a 52-week high of $59.46.

Vanguard Long-Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.2145 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, February 2nd. This is a boost from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21.

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. Long Government Float Adjusted Index (the Index). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities greater than 10 years.