Forum Financial Management LP Sells 90,444 Shares of Vanguard Long-Term Treasury ETF $VGLT

Forum Financial Management LP trimmed its holdings in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 10.9% in the 4th quarter, Holdings Channel reports. The firm owned 743,010 shares of the company’s stock after selling 90,444 shares during the quarter. Vanguard Long-Term Treasury ETF accounts for 0.5% of Forum Financial Management LP’s holdings, making the stock its 20th biggest holding. Forum Financial Management LP’s holdings in Vanguard Long-Term Treasury ETF were worth $41,460,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in VGLT. Thompson Investment Management Inc. bought a new stake in shares of Vanguard Long-Term Treasury ETF during the third quarter worth $30,000. Howe & Rusling Inc. bought a new stake in shares of Vanguard Long-Term Treasury ETF during the third quarter worth $32,000. First Horizon Corp bought a new stake in shares of Vanguard Long-Term Treasury ETF during the third quarter worth $33,000. High Note Wealth LLC bought a new stake in shares of Vanguard Long-Term Treasury ETF during the third quarter worth $44,000. Finally, Clearstead Advisors LLC lifted its position in shares of Vanguard Long-Term Treasury ETF by 34.6% during the third quarter. Clearstead Advisors LLC now owns 810 shares of the company’s stock worth $46,000 after purchasing an additional 208 shares during the last quarter.

Vanguard Long-Term Treasury ETF Trading Up 0.8%

NASDAQ:VGLT opened at $55.65 on Friday. Vanguard Long-Term Treasury ETF has a twelve month low of $53.17 and a twelve month high of $58.44. The stock has a fifty day simple moving average of $56.06 and a 200-day simple moving average of $56.43.

Vanguard Long-Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.2258 per share. This represents a c) annualized dividend and a dividend yield of 4.9%. This is a positive change from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.19. The ex-dividend date was Wednesday, April 1st.

Vanguard Long-Term Treasury 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. 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.