Brindle & Bay Financial Advisors LLC Makes New Investment in Vanguard Long-Term Treasury ETF $VGLT

Brindle & Bay Financial Advisors LLC purchased a new position in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 38,273 shares of the company’s stock, valued at approximately $2,136,000. Vanguard Long-Term Treasury ETF comprises 1.4% of Brindle & Bay Financial Advisors LLC’s holdings, making the stock its 19th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in the business. Sightline Wealth Advisors LLC grew its position in Vanguard Long-Term Treasury ETF by 1.5% in the fourth quarter. Sightline Wealth Advisors LLC now owns 13,007 shares of the company’s stock worth $726,000 after buying an additional 190 shares during the last quarter. Clearstead Advisors LLC grew its position in Vanguard Long-Term Treasury ETF by 34.6% in the third quarter. Clearstead Advisors LLC now owns 810 shares of the company’s stock worth $46,000 after buying an additional 208 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Vanguard Long-Term Treasury ETF by 9.7% in the third quarter. PNC Financial Services Group Inc. now owns 2,356 shares of the company’s stock worth $134,000 after buying an additional 208 shares during the last quarter. Wilmington Savings Fund Society FSB grew its position in Vanguard Long-Term Treasury ETF by 6.4% in the third quarter. Wilmington Savings Fund Society FSB now owns 3,767 shares of the company’s stock worth $214,000 after buying an additional 227 shares during the last quarter. Finally, Transcend Capital Advisors LLC grew its position in Vanguard Long-Term Treasury ETF by 5.4% during the 3rd quarter. Transcend Capital Advisors LLC now owns 4,638 shares of the company’s stock worth $264,000 after purchasing an additional 239 shares in the last quarter.

Vanguard Long-Term Treasury ETF Trading Up 0.2%

NASDAQ VGLT opened at $55.43 on Friday. Vanguard Long-Term Treasury ETF has a twelve month low of $53.17 and a twelve month high of $58.44. The firm’s 50 day moving average price is $55.95 and its two-hundred day moving average price is $56.38.

Vanguard Long-Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.2258 per share. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date was Wednesday, April 1st. This is a positive change from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.19.

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.