133,995 Shares in Vanguard Long-Term Treasury ETF $VGLT Acquired by Covington Investment Advisors Inc.

Covington Investment Advisors Inc. bought a new position in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 133,995 shares of the company’s stock, valued at approximately $7,394,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Manning & Napier Advisors LLC boosted its position in shares of Vanguard Long-Term Treasury ETF by 36.9% during the 1st quarter. Manning & Napier Advisors LLC now owns 650,596 shares of the company’s stock worth $36,023,000 after purchasing an additional 175,228 shares during the period. RFG Advisory LLC purchased a new position in Vanguard Long-Term Treasury ETF in the 4th quarter valued at approximately $1,848,000. Cassaday & Co Wealth Management LLC boosted its holdings in Vanguard Long-Term Treasury ETF by 3.6% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,720,361 shares of the company’s stock valued at $263,396,000 after purchasing an additional 165,849 shares during the period. SCS Capital Management LLC boosted its stake in shares of Vanguard Long-Term Treasury ETF by 8.4% in the 4th quarter. SCS Capital Management LLC now owns 894,920 shares of the company’s stock valued at $49,937,000 after buying an additional 69,072 shares during the period. Finally, Diversify Wealth Management LLC increased its stake in shares of Vanguard Long-Term Treasury ETF by 45.9% during the fourth quarter. Diversify Wealth Management LLC now owns 115,148 shares of the company’s stock worth $6,461,000 after buying an additional 36,236 shares during the period.

Vanguard Long-Term Treasury ETF Stock Down 0.4%

Shares of NASDAQ:VGLT opened at $52.98 on Tuesday. Vanguard Long-Term Treasury ETF has a fifty-two week low of $52.24 and a fifty-two week high of $58.44. The firm’s 50 day moving average price is $53.68 and its 200 day moving average price is $54.79.

Vanguard Long-Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were paid a $0.2145 dividend. This is a boost from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Monday, August 3rd.

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.