Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Hits New 1-Year Low – Time to Sell?

Shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) reached a new 52-week low during trading on Wednesday. The stock traded as low as $51.67 and last traded at $51.6620, with a volume of 1514328 shares changing hands. The stock had previously closed at $52.41.

Vanguard Long-Term Treasury ETF Stock Performance

The stock’s 50 day moving average is $52.81 and its two-hundred day moving average is $54.17.

Institutional Investors Weigh In On Vanguard Long-Term Treasury ETF

Several hedge funds have recently made changes to their positions in VGLT. Commonwealth Retirement Investments LLC purchased a new stake in Vanguard Long-Term Treasury ETF during the 4th quarter valued at approximately $26,000. Cornerstone Planning Group LLC lifted its holdings in shares of Vanguard Long-Term Treasury ETF by 1,010.9% during the first quarter. Cornerstone Planning Group LLC now owns 611 shares of the company’s stock worth $33,000 after purchasing an additional 556 shares during the period. NFSG Corp acquired a new stake in shares of Vanguard Long-Term Treasury ETF during the first quarter worth $42,000. Trust Co. of Vermont purchased a new position in Vanguard Long-Term Treasury ETF in the 2nd quarter valued at $43,000. Finally, Hantz Financial Services Inc. purchased a new position in Vanguard Long-Term Treasury ETF in the 4th quarter valued at $66,000.

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.