Cassaday & Co Wealth Management LLC Has $258.97 Million Holdings in Vanguard Long-Term Treasury ETF $VGLT

Cassaday & Co Wealth Management LLC boosted its position in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 4.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,554,512 shares of the company’s stock after acquiring an additional 197,956 shares during the quarter. Vanguard Long-Term Treasury ETF accounts for 6.0% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Cassaday & Co Wealth Management LLC owned 2.58% of Vanguard Long-Term Treasury ETF worth $258,970,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VGLT. Thompson Investment Management Inc. purchased a new stake in shares of Vanguard Long-Term Treasury ETF during the 3rd quarter valued at about $30,000. Howe & Rusling Inc. bought a new stake in Vanguard Long-Term Treasury ETF during the third quarter valued at approximately $32,000. First Horizon Corp bought a new stake in Vanguard Long-Term Treasury ETF during the third quarter valued at approximately $33,000. High Note Wealth LLC bought a new position in Vanguard Long-Term Treasury ETF in the third quarter worth approximately $44,000. Finally, Crews Bank & Trust bought a new position in Vanguard Long-Term Treasury ETF in the third quarter worth approximately $49,000.

Vanguard Long-Term Treasury ETF Price Performance

Shares of VGLT stock opened at $57.18 on Tuesday. Vanguard Long-Term Treasury ETF has a 1 year low of $53.17 and a 1 year high of $59.46. The firm has a fifty day moving average price of $56.05 and a 200-day moving average price of $56.47.

Vanguard Long-Term Treasury ETF Increases Dividend

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

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.