Novem Group Invests $775,000 in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Novem Group purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 14,000 shares of the company’s stock, valued at approximately $775,000.

Other large investors have also made changes to their positions in the company. MidWestOne Financial Group Inc. bought a new position in Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at approximately $4,360,000. Snowden Capital Advisors LLC increased its stake in shares of Vanguard Long-Term Treasury Index ETF by 1.2% during the 4th quarter. Snowden Capital Advisors LLC now owns 51,564 shares of the company’s stock worth $2,854,000 after purchasing an additional 602 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Vanguard Long-Term Treasury Index ETF by 4.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 152,557 shares of the company’s stock valued at $8,444,000 after purchasing an additional 6,024 shares in the last quarter. Lazard Asset Management LLC lifted its stake in shares of Vanguard Long-Term Treasury Index ETF by 54.7% in the 4th quarter. Lazard Asset Management LLC now owns 58,278 shares of the company’s stock valued at $3,225,000 after purchasing an additional 20,609 shares during the last quarter. Finally, Full Sail Capital LLC lifted its stake in shares of Vanguard Long-Term Treasury Index ETF by 4.9% in the 4th quarter. Full Sail Capital LLC now owns 295,197 shares of the company’s stock valued at $16,339,000 after purchasing an additional 13,875 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Trading Down 1.5%

Shares of NASDAQ:VGLT opened at $53.54 on Thursday. Vanguard Long-Term Treasury Index ETF has a 1 year low of $53.42 and a 1 year high of $63.41. The firm has a fifty day moving average price of $56.12 and a 200 day moving average price of $56.45.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were paid a dividend of $0.202 per share. The ex-dividend date was Thursday, May 1st. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.19.

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.