Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Hits New 1-Year Low – What’s Next?

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $52.03 and last traded at $52.0640, with a volume of 232345 shares changing hands. The stock had previously closed at $52.50.

Vanguard Long-Term Treasury ETF Trading Down 0.9%

The business has a 50-day moving average price of $53.30 and a two-hundred day moving average price of $54.57.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Capital Analysts LLC raised its holdings in shares of Vanguard Long-Term Treasury ETF by 38.6% in the 4th quarter. Capital Analysts LLC now owns 653 shares of the company’s stock worth $36,000 after acquiring an additional 182 shares during the last quarter. WealthShield Partners LLC boosted its stake in Vanguard Long-Term Treasury ETF by 1.4% during the 1st quarter. WealthShield Partners LLC now owns 15,076 shares of the company’s stock valued at $835,000 after purchasing an additional 203 shares during the last quarter. Essential Partners LLC boosted its stake in Vanguard Long-Term Treasury ETF by 5.0% during the 1st quarter. Essential Partners LLC now owns 4,770 shares of the company’s stock valued at $264,000 after purchasing an additional 227 shares during the last quarter. Financial Engines Advisors L.L.C. boosted its stake in Vanguard Long-Term Treasury ETF by 2.6% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 10,374 shares of the company’s stock valued at $590,000 after purchasing an additional 259 shares during the last quarter. Finally, BAM Wealth Management LLC increased its holdings in Vanguard Long-Term Treasury ETF by 3.8% during the 2nd quarter. BAM Wealth Management LLC now owns 8,233 shares of the company’s stock worth $454,000 after purchasing an additional 301 shares in the last quarter.

About Vanguard Long-Term Treasury ETF

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.