Virtue Capital Management LLC Invests $3.24 Million in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Virtue Capital Management LLC bought a new position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) during the third quarter, HoldingsChannel reports. The fund bought 52,647 shares of the company’s stock, valued at approximately $3,240,000.

A number of other institutional investors also recently bought and sold shares of VGLT. Asset Dedication LLC purchased a new stake in Vanguard Long-Term Treasury Index ETF in the second quarter worth about $32,000. Carmichael Hill & Associates Inc. grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 527.8% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 565 shares of the company’s stock valued at $33,000 after acquiring an additional 475 shares during the period. First Horizon Advisors Inc. increased its holdings in Vanguard Long-Term Treasury Index ETF by 381.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 583 shares of the company’s stock worth $34,000 after acquiring an additional 462 shares in the last quarter. Sachetta LLC lifted its holdings in Vanguard Long-Term Treasury Index ETF by 882.8% during the second quarter. Sachetta LLC now owns 629 shares of the company’s stock valued at $37,000 after purchasing an additional 565 shares in the last quarter. Finally, Iron Horse Wealth Management LLC boosted its position in shares of Vanguard Long-Term Treasury Index ETF by 36.4% in the second quarter. Iron Horse Wealth Management LLC now owns 750 shares of the company’s stock worth $43,000 after purchasing an additional 200 shares during the period.

Vanguard Long-Term Treasury Index ETF Price Performance

Shares of NASDAQ VGLT opened at $58.52 on Wednesday. Vanguard Long-Term Treasury Index ETF has a 1 year low of $54.96 and a 1 year high of $63.41. The firm has a fifty day moving average price of $58.38 and a 200-day moving average price of $59.28.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.2123 dividend. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Friday, November 1st.

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.