Orion Portfolio Solutions LLC Acquires New Shares in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Orion Portfolio Solutions LLC bought a new position in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 5,558 shares of the company’s stock, valued at approximately $342,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 9.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,922,162 shares of the company’s stock valued at $682,476,000 after purchasing an additional 1,033,360 shares in the last quarter. Empower Advisory Group LLC raised its holdings in Vanguard Long-Term Treasury Index ETF by 4.3% during the 3rd quarter. Empower Advisory Group LLC now owns 9,694,966 shares of the company’s stock worth $596,628,000 after buying an additional 403,531 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Vanguard Long-Term Treasury Index ETF by 10.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,514,698 shares of the company’s stock valued at $400,914,000 after buying an additional 637,415 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 91.7% in the third quarter. Cassaday & Co Wealth Management LLC now owns 3,836,692 shares of the company’s stock valued at $236,110,000 after buying an additional 1,835,116 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Vanguard Long-Term Treasury Index ETF by 9.4% during the second quarter. Envestnet Asset Management Inc. now owns 2,454,271 shares of the company’s stock worth $141,562,000 after acquiring an additional 211,658 shares in the last quarter.

Vanguard Long-Term Treasury Index ETF Stock Down 1.2 %

VGLT opened at $56.43 on Thursday. Vanguard Long-Term Treasury Index ETF has a 12 month low of $54.96 and a 12 month high of $63.41. The firm’s fifty day simple moving average is $58.02 and its 200 day simple moving average is $59.28.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.2123 dividend. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20. The ex-dividend date was Friday, November 1st.

About Vanguard Long-Term Treasury Index 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.