Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Sees Unusually-High Trading Volume – What’s Next?

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) saw strong trading volume on Wednesday . 9,514,906 shares were traded during trading, an increase of 330% from the previous session’s volume of 2,212,236 shares.The stock last traded at $59.38 and had previously closed at $59.70.

Vanguard Long-Term Treasury Index ETF Stock Performance

The firm has a 50 day moving average of $61.36 and a two-hundred day moving average of $58.90.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2041 per share. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VGLT. Asset Dedication LLC acquired a new position in Vanguard Long-Term Treasury Index ETF during the second quarter worth approximately $32,000. Carmichael Hill & Associates Inc. increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 527.8% in the second quarter. Carmichael Hill & Associates Inc. now owns 565 shares of the company’s stock valued at $33,000 after purchasing an additional 475 shares during the period. First Horizon Advisors Inc. increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 381.8% in the second quarter. First Horizon Advisors Inc. now owns 583 shares of the company’s stock valued at $34,000 after purchasing an additional 462 shares during the period. Sachetta LLC increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 882.8% in the second quarter. Sachetta LLC now owns 629 shares of the company’s stock valued at $37,000 after purchasing an additional 565 shares during the period. Finally, Central Pacific Bank Trust Division acquired a new position in shares of Vanguard Long-Term Treasury Index ETF in the first quarter valued at approximately $38,000.

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.