Municipal Employees Retirement System of Michigan Has $3.49 Million Stock Position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Municipal Employees Retirement System of Michigan trimmed its position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 92.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,048 shares of the company’s stock after selling 764,623 shares during the quarter. Municipal Employees Retirement System of Michigan’s holdings in Vanguard Long-Term Treasury Index ETF were worth $3,490,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. increased its position in Vanguard Long-Term Treasury Index ETF by 18.7% in the fourth quarter. Avantax Advisory Services Inc. now owns 54,069 shares of the company’s stock worth $2,993,000 after purchasing an additional 8,503 shares during the period. Liberty Wealth Management LLC increased its position in Vanguard Long-Term Treasury Index ETF by 10.8% in the fourth quarter. Liberty Wealth Management LLC now owns 74,017 shares of the company’s stock worth $4,097,000 after purchasing an additional 7,186 shares during the period. EverSource Wealth Advisors LLC increased its position in Vanguard Long-Term Treasury Index ETF by 100.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 55,827 shares of the company’s stock worth $3,090,000 after purchasing an additional 27,989 shares during the period. HighTower Advisors LLC increased its position in Vanguard Long-Term Treasury Index ETF by 12.6% in the fourth quarter. HighTower Advisors LLC now owns 112,352 shares of the company’s stock worth $6,219,000 after purchasing an additional 12,610 shares during the period. Finally, Wealthfront Advisers LLC increased its position in Vanguard Long-Term Treasury Index ETF by 339.9% in the fourth quarter. Wealthfront Advisers LLC now owns 1,351,100 shares of the company’s stock worth $74,783,000 after purchasing an additional 1,043,993 shares during the period.

Vanguard Long-Term Treasury Index ETF Stock Performance

Vanguard Long-Term Treasury Index ETF stock opened at $57.35 on Friday. The business has a 50-day moving average of $56.09 and a 200-day moving average of $57.97. Vanguard Long-Term Treasury Index ETF has a 1 year low of $53.80 and a 1 year high of $63.41.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.1893 dividend. The ex-dividend date was Monday, March 3rd.

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.