Axxcess Wealth Management LLC Boosts Stake in Vanguard Long-Term Treasury ETF $VGLT

Axxcess Wealth Management LLC raised its holdings in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 25.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,511 shares of the company’s stock after buying an additional 4,983 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Long-Term Treasury ETF were worth $1,376,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Rainwater Charitable Foundation grew its position in Vanguard Long-Term Treasury ETF by 5.3% during the second quarter. Rainwater Charitable Foundation now owns 851,654 shares of the company’s stock worth $47,795,000 after buying an additional 42,697 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in Vanguard Long-Term Treasury ETF by 3.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,501 shares of the company’s stock worth $421,000 after buying an additional 284 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in Vanguard Long-Term Treasury ETF by 9.4% during the second quarter. Concurrent Investment Advisors LLC now owns 4,598 shares of the company’s stock worth $258,000 after buying an additional 394 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Vanguard Long-Term Treasury ETF by 6.0% in the 2nd quarter. Blue Trust Inc. now owns 94,773 shares of the company’s stock worth $5,319,000 after purchasing an additional 5,353 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC boosted its holdings in shares of Vanguard Long-Term Treasury ETF by 48.5% in the 2nd quarter. Galvin Gaustad & Stein LLC now owns 6,035 shares of the company’s stock worth $339,000 after purchasing an additional 1,970 shares in the last quarter.

Vanguard Long-Term Treasury ETF Trading Down 0.2%

VGLT opened at $57.57 on Thursday. The stock has a 50-day moving average price of $56.32 and a 200-day moving average price of $55.70. Vanguard Long-Term Treasury ETF has a 12-month low of $53.17 and a 12-month high of $60.05.

Vanguard Long-Term Treasury ETF 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.