Trustmark Bank Trust Department Has $2.72 Million Position in Vanguard Long-Term Treasury ETF $VGLT

Trustmark Bank Trust Department cut its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 27.0% in the third quarter, Holdings Channel reports. The fund owned 47,825 shares of the company’s stock after selling 17,650 shares during the period. Trustmark Bank Trust Department’s holdings in Vanguard Long-Term Treasury ETF were worth $2,719,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Thompson Investment Management Inc. bought a new stake in shares of Vanguard Long-Term Treasury ETF in the 3rd quarter worth about $30,000. Howe & Rusling Inc. bought a new position in Vanguard Long-Term Treasury ETF during the 3rd quarter valued at about $32,000. First Horizon Corp acquired a new position in Vanguard Long-Term Treasury ETF in the third quarter valued at about $33,000. High Note Wealth LLC acquired a new position in Vanguard Long-Term Treasury ETF in the third quarter valued at about $44,000. Finally, Clearstead Advisors LLC boosted 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 valued at $46,000 after buying an additional 208 shares in the last quarter.

Vanguard Long-Term Treasury ETF Stock Down 0.3%

NASDAQ VGLT opened at $56.45 on Friday. The company has a 50 day moving average of $56.36 and a 200-day moving average of $56.60. Vanguard Long-Term Treasury ETF has a 1-year low of $53.17 and a 1-year high of $59.46.

Vanguard Long-Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1874 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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. 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.