Assetmark Inc. Has $45.90 Million Holdings in Vanguard Long-Term Treasury ETF $VGLT

Assetmark Inc. increased its holdings in Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 75.1% in the third quarter, Holdings Channel reports. The institutional investor owned 807,278 shares of the company’s stock after buying an additional 346,348 shares during the period. Assetmark Inc.’s holdings in Vanguard Long-Term Treasury ETF were worth $45,902,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Thompson Investment Management Inc. bought a new stake in shares of Vanguard Long-Term Treasury ETF during the 3rd quarter valued at $30,000. Howe & Rusling Inc. acquired a new position in Vanguard Long-Term Treasury ETF in the third quarter valued at about $32,000. First Horizon Corp acquired a new position in Vanguard Long-Term Treasury ETF in the third quarter valued at about $33,000. High Note Wealth LLC bought a new stake in Vanguard Long-Term Treasury ETF during the third quarter worth about $44,000. Finally, Crews Bank & Trust bought a new stake in Vanguard Long-Term Treasury ETF during the third quarter worth about $49,000.

Vanguard Long-Term Treasury ETF Price Performance

VGLT stock opened at $57.18 on Friday. The company’s 50-day moving average price is $56.02 and its two-hundred day moving average price is $56.44. Vanguard Long-Term Treasury ETF has a 12 month low of $53.17 and a 12 month high of $59.46.

Vanguard Long-Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2145 per share. This is an increase from Vanguard Long-Term Treasury ETF’s previous monthly dividend of $0.21. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Monday, February 2nd.

Vanguard Long-Term Treasury ETF 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.