Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Sees Unusually-High Trading Volume – Here’s Why

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) shares saw strong trading volume on Wednesday . 9,514,906 shares were traded during trading, an increase of 330% from the previous session’s volume of 2,212,236 shares.The stock last traded at $59.38 and had previously closed at $59.70.

Vanguard Long-Term Treasury Index ETF Trading Down 0.3 %

The company’s fifty day simple moving average is $61.34 and its 200-day simple moving average is $58.91.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.2041 dividend. This is a boost from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On Vanguard Long-Term Treasury Index ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Lazard Asset Management LLC increased its position in shares of Vanguard Long-Term Treasury Index ETF by 23.0% during the first quarter. Lazard Asset Management LLC now owns 54,795 shares of the company’s stock worth $3,246,000 after purchasing an additional 10,253 shares in the last quarter. Brookstone Capital Management purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF during the first quarter worth $206,000. Scarborough Advisors LLC acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter valued at about $888,000. NBC Securities Inc. boosted its position in Vanguard Long-Term Treasury Index ETF by 11.4% during the first quarter. NBC Securities Inc. now owns 2,847 shares of the company’s stock worth $168,000 after acquiring an additional 292 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its stake in Vanguard Long-Term Treasury Index ETF by 25.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 26,593 shares of the company’s stock valued at $1,575,000 after acquiring an additional 5,424 shares in the last quarter.

About Vanguard Long-Term Treasury Index 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.