Deane Retirement Strategies Inc. Makes New Investment in Vanguard Long-Term Treasury ETF $VGLT

Deane Retirement Strategies Inc. purchased a new position in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 223,976 shares of the company’s stock, valued at approximately $12,416,000. Vanguard Long-Term Treasury ETF accounts for about 5.1% of Deane Retirement Strategies Inc.’s investment portfolio, making the stock its 4th largest position. Deane Retirement Strategies Inc. owned about 0.12% of Vanguard Long-Term Treasury ETF at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of VGLT. Corient Private Wealth LLC increased its stake in Vanguard Long-Term Treasury ETF by 168.4% in the 2nd quarter. Corient Private Wealth LLC now owns 2,049,058 shares of the company’s stock worth $114,993,000 after purchasing an additional 1,285,615 shares during the period. Forum Financial Management LP grew its position in shares of Vanguard Long-Term Treasury ETF by 293.2% in the 3rd quarter. Forum Financial Management LP now owns 833,454 shares of the company’s stock worth $47,390,000 after buying an additional 621,492 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in shares of Vanguard Long-Term Treasury ETF in the 3rd quarter worth approximately $29,441,000. Assetmark Inc. grew its position in shares of Vanguard Long-Term Treasury ETF by 75.1% in the 3rd quarter. Assetmark Inc. now owns 807,278 shares of the company’s stock worth $45,902,000 after buying an additional 346,348 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of Vanguard Long-Term Treasury ETF by 5.0% in the 2nd quarter. Bank of America Corp DE now owns 7,037,090 shares of the company’s stock worth $394,922,000 after buying an additional 336,479 shares during the last quarter.

Vanguard Long-Term Treasury ETF Trading Up 0.1%

Shares of VGLT stock opened at $55.51 on Thursday. Vanguard Long-Term Treasury ETF has a fifty-two week low of $53.17 and a fifty-two week high of $58.44. The business’s 50 day moving average price is $56.02 and its 200-day moving average price is $56.40.

Vanguard Long-Term Treasury ETF Increases Dividend

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

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.