Avidian Wealth Solutions LLC Sells 6,955 Shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Avidian Wealth Solutions LLC lowered its position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 7.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 86,364 shares of the company’s stock after selling 6,955 shares during the period. Avidian Wealth Solutions LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $5,314,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sykon Capital LLC purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter worth approximately $10,807,000. Power Wealth Management LLC purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter worth approximately $5,450,000. U.S. Capital Wealth Advisors LLC purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter worth approximately $681,000. Benjamin F. Edwards & Company Inc. grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 10.1% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 83,237 shares of the company’s stock worth $5,122,000 after buying an additional 7,652 shares during the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 31.8% in the 4th quarter. Fisher Asset Management LLC now owns 21,792 shares of the company’s stock worth $1,341,000 after buying an additional 5,255 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Stock Performance

VGLT traded up $0.51 during trading on Friday, hitting $56.47. 1,432,299 shares of the company’s stock traded hands, compared to its average volume of 2,569,529. The company’s 50 day simple moving average is $57.67 and its two-hundred day simple moving average is $57.92. Vanguard Long-Term Treasury Index ETF has a 12-month low of $51.90 and a 12-month high of $65.80.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be paid a $0.1932 dividend. The ex-dividend date of this dividend is Wednesday, May 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.