Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Sees Large Volume Increase – Still a Buy?

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) shares saw strong trading volume on Tuesday . 5,570,774 shares were traded during trading, an increase of 143% from the previous session’s volume of 2,295,285 shares.The stock last traded at $59.64 and had previously closed at $58.97.

Vanguard Long-Term Treasury Index ETF Stock Down 1.4 %

The company’s fifty day simple moving average is $61.21 and its 200-day simple moving average is $58.91.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.2041 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20.

Institutional Investors Weigh In On Vanguard Long-Term Treasury Index ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC lifted its position in shares of Vanguard Long-Term Treasury Index ETF by 30.6% during the 4th quarter. Fisher Asset Management LLC now owns 21,596 shares of the company’s stock worth $1,329,000 after buying an additional 5,059 shares during the period. B. Riley Wealth Advisors Inc. raised its stake in Vanguard Long-Term Treasury Index ETF by 41.1% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 9,552 shares of the company’s stock worth $588,000 after acquiring an additional 2,781 shares in the last quarter. PNC Financial Services Group Inc. bought a new position in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at $42,000. NBC Securities Inc. boosted its stake in shares of Vanguard Long-Term Treasury Index ETF by 11.4% in the 1st quarter. NBC Securities Inc. now owns 2,847 shares of the company’s stock valued at $168,000 after purchasing an additional 292 shares in the last quarter. Finally, Montecito Bank & Trust bought a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 1st quarter worth about $220,000.

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.