Summit Wealth Group LLC Cuts Holdings in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Summit Wealth Group LLC lowered its position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 15.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,465 shares of the company’s stock after selling 3,463 shares during the period. Summit Wealth Group LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $1,136,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VGLT. Nepc LLC lifted its stake in shares of Vanguard Long-Term Treasury Index ETF by 185.0% in the first quarter. Nepc LLC now owns 4,029,312 shares of the company’s stock worth $238,696,000 after buying an additional 2,615,725 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in Vanguard Long-Term Treasury Index ETF by 91.7% during the third quarter. Cassaday & Co Wealth Management LLC now owns 3,836,692 shares of the company’s stock worth $236,110,000 after purchasing an additional 1,835,116 shares in the last quarter. Ameriprise Financial Inc. grew its position in Vanguard Long-Term Treasury Index ETF by 9.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,922,162 shares of the company’s stock valued at $682,476,000 after acquiring an additional 1,033,360 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Vanguard Long-Term Treasury Index ETF by 49.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,192,158 shares of the company’s stock valued at $123,763,000 after acquiring an additional 727,075 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Vanguard Long-Term Treasury Index ETF by 10.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,514,698 shares of the company’s stock worth $400,914,000 after buying an additional 637,415 shares in the last quarter.

Vanguard Long-Term Treasury Index ETF Stock Up 0.2 %

Shares of VGLT stock opened at $56.93 on Tuesday. Vanguard Long-Term Treasury Index ETF has a 1 year low of $54.96 and a 1 year high of $63.41. The stock’s 50-day moving average is $59.74 and its two-hundred day moving average is $59.14.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.2123 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20.

Vanguard Long-Term Treasury Index ETF Company 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.