Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Declares Dividend Increase – $0.23 Per Share

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) announced a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be given a dividend of 0.2258 per share on Monday, April 6th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Wednesday, April 1st. This is a 20.5% increase from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.19.

Vanguard Long-Term Treasury ETF Price Performance

VGLT traded down $0.25 during mid-day trading on Wednesday, reaching $55.10. 2,604,696 shares of the company traded hands, compared to its average volume of 3,273,192. The company’s fifty day moving average price is $56.18 and its 200-day moving average price is $56.56. Vanguard Long-Term Treasury ETF has a 52-week low of $53.17 and a 52-week high of $59.46.

Institutional Trading of Vanguard Long-Term Treasury ETF

Hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC grew its stake in shares of Vanguard Long-Term Treasury ETF by 7.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 5,719 shares of the company’s stock valued at $329,000 after purchasing an additional 421 shares during the period. Creative Planning boosted its holdings in shares of Vanguard Long-Term Treasury ETF by 8.6% in the second quarter. Creative Planning now owns 14,538 shares of the company’s stock worth $816,000 after buying an additional 1,153 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Vanguard Long-Term Treasury ETF by 876.4% in the second quarter. Franklin Resources Inc. now owns 2,519 shares of the company’s stock worth $141,000 after buying an additional 2,261 shares during the last quarter. Lido Advisors LLC bought a new stake in Vanguard Long-Term Treasury ETF during the second quarter valued at approximately $559,000. Finally, Baird Financial Group Inc. grew its position in Vanguard Long-Term Treasury ETF by 8.5% during the second quarter. Baird Financial Group Inc. now owns 80,136 shares of the company’s stock valued at $4,497,000 after buying an additional 6,269 shares during the period.

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.