Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Sees Strong Trading Volume – What’s Next?

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) saw unusually-strong trading volume on Wednesday . Approximately 9,514,906 shares changed hands during trading, an increase of 330% from the previous session’s volume of 2,212,236 shares.The stock last traded at $59.38 and had previously closed at $59.70.

Vanguard Long-Term Treasury Index ETF Stock Performance

The business has a 50-day moving average price of $61.36 and a 200-day moving average price of $58.90.

Vanguard Long-Term Treasury Index ETF Increases Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VGLT. Asset Dedication LLC acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 2nd quarter worth $32,000. Carmichael Hill & Associates Inc. increased its position in shares of Vanguard Long-Term Treasury Index ETF by 527.8% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 565 shares of the company’s stock worth $33,000 after purchasing an additional 475 shares during the last quarter. First Horizon Advisors Inc. increased its position in shares of Vanguard Long-Term Treasury Index ETF by 381.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 583 shares of the company’s stock worth $34,000 after purchasing an additional 462 shares during the last quarter. Sachetta LLC increased its position in shares of Vanguard Long-Term Treasury Index ETF by 882.8% during the 2nd quarter. Sachetta LLC now owns 629 shares of the company’s stock worth $37,000 after purchasing an additional 565 shares during the last quarter. Finally, Central Pacific Bank Trust Division acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF during the 1st quarter worth about $38,000.

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.