49 Wealth Management LLC Has $16.09 Million Holdings in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

49 Wealth Management LLC lessened its stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 11.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 290,646 shares of the company’s stock after selling 36,570 shares during the quarter. Vanguard Long-Term Treasury Index ETF accounts for about 2.3% of 49 Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. 49 Wealth Management LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $16,087,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VGLT. Bramshill Investments LLC acquired a new position in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter valued at approximately $59,537,000. Empower Advisory Group LLC lifted its position in shares of Vanguard Long-Term Treasury Index ETF by 10.8% in the fourth quarter. Empower Advisory Group LLC now owns 10,738,988 shares of the company’s stock worth $594,403,000 after purchasing an additional 1,044,022 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of Vanguard Long-Term Treasury Index ETF by 339.9% in the fourth quarter. Wealthfront Advisers LLC now owns 1,351,100 shares of the company’s stock worth $74,783,000 after purchasing an additional 1,043,993 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter worth $37,568,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Vanguard Long-Term Treasury Index ETF by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 44,472,238 shares of the company’s stock worth $2,736,822,000 after purchasing an additional 410,850 shares in the last quarter.

Vanguard Long-Term Treasury Index ETF Price Performance

Shares of VGLT stock opened at $53.54 on Thursday. The company’s fifty day simple moving average is $56.12 and its 200-day simple moving average is $56.45. Vanguard Long-Term Treasury Index ETF has a 12 month low of $53.42 and a 12 month high of $63.41.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were given a $0.202 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.19.

Vanguard Long-Term Treasury Index 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.