Freedom Investment Management Inc. Reduces Stock Position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Freedom Investment Management Inc. reduced its stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 5.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,656 shares of the company’s stock after selling 1,047 shares during the period. Freedom Investment Management Inc.’s holdings in Vanguard Long-Term Treasury Index ETF were worth $1,025,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VGLT. Cetera Investment Advisers boosted its stake in Vanguard Long-Term Treasury Index ETF by 78.5% in the 1st quarter. Cetera Investment Advisers now owns 43,088 shares of the company’s stock worth $2,553,000 after purchasing an additional 18,950 shares during the period. Cetera Advisors LLC purchased a new position in Vanguard Long-Term Treasury Index ETF during the first quarter valued at approximately $355,000. Verity Asset Management Inc. increased its holdings in Vanguard Long-Term Treasury Index ETF by 3.1% during the 1st quarter. Verity Asset Management Inc. now owns 15,189 shares of the company’s stock worth $900,000 after acquiring an additional 450 shares during the period. Alexander Labrunerie & CO. Inc. purchased a new stake in Vanguard Long-Term Treasury Index ETF in the 1st quarter worth approximately $3,569,000. Finally, Massmutual Trust Co. FSB ADV bought a new position in Vanguard Long-Term Treasury Index ETF in the 2nd quarter valued at $192,000.

Vanguard Long-Term Treasury Index ETF Price Performance

NASDAQ:VGLT opened at $58.50 on Thursday. Vanguard Long-Term Treasury Index ETF has a 52-week low of $54.96 and a 52-week high of $63.41. The stock has a fifty day moving average of $58.90 and a 200 day moving average of $59.17.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.2123 per share. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20.

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.