Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Reaches New 52-Week Low – Should You Sell?

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) reached a new 52-week low on Monday . The company traded as low as $52.54 and last traded at $52.54, with a volume of 51954 shares changing hands. The stock had previously closed at $52.72.

Vanguard Long-Term Treasury ETF Stock Down 0.3%

The firm has a 50 day moving average price of $54.07 and a two-hundred day moving average price of $55.00.

Vanguard Long-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were paid a $0.2145 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.9%. This is a positive change from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Annex Advisory Services LLC grew its holdings in Vanguard Long-Term Treasury ETF by 13,989.5% during the 2nd quarter. Annex Advisory Services LLC now owns 1,625,368 shares of the company’s stock worth $89,688,000 after acquiring an additional 1,613,832 shares during the last quarter. Morgan Stanley lifted its position in shares of Vanguard Long-Term Treasury ETF by 16.7% during the fourth quarter. Morgan Stanley now owns 10,894,021 shares of the company’s stock worth $607,886,000 after purchasing an additional 1,562,796 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of Vanguard Long-Term Treasury ETF by 168.4% during the second quarter. Corient Private Wealth LLC now owns 2,049,058 shares of the company’s stock worth $114,993,000 after purchasing an additional 1,285,615 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of Vanguard Long-Term Treasury ETF by 141,574.7% during the first quarter. Fifth Third Bancorp now owns 1,211,319 shares of the company’s stock valued at $67,053,000 after purchasing an additional 1,210,464 shares during the last quarter. Finally, Nepc LLC grew its stake in shares of Vanguard Long-Term Treasury ETF by 12.8% during the fourth quarter. Nepc LLC now owns 7,763,007 shares of the company’s stock valued at $433,176,000 after purchasing an additional 878,866 shares during the last quarter.

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.