Citigroup Inc. Increases Stock Holdings in Vanguard Long-Term Treasury ETF $VGLT

Citigroup Inc. increased its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 1.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,267,575 shares of the company’s stock after purchasing an additional 16,492 shares during the quarter. Citigroup Inc.’s holdings in Vanguard Long-Term Treasury ETF were worth $72,074,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thompson Investment Management Inc. purchased a new position in Vanguard Long-Term Treasury ETF during the third quarter worth $30,000. Howe & Rusling Inc. bought a new stake in shares of Vanguard Long-Term Treasury ETF in the 3rd quarter worth about $32,000. First Horizon Corp purchased a new position in shares of Vanguard Long-Term Treasury ETF during the 3rd quarter worth about $33,000. High Note Wealth LLC bought a new position in Vanguard Long-Term Treasury ETF during the 3rd quarter valued at about $44,000. Finally, Fifth Third Bancorp raised its position in Vanguard Long-Term Treasury ETF by 343.0% in the 3rd quarter. Fifth Third Bancorp now owns 855 shares of the company’s stock worth $49,000 after purchasing an additional 662 shares during the period.

Vanguard Long-Term Treasury ETF Price Performance

Shares of NASDAQ VGLT opened at $57.05 on Monday. Vanguard Long-Term Treasury ETF has a 1 year low of $53.17 and a 1 year high of $59.46. The firm has a 50-day simple moving average of $56.13 and a two-hundred day simple moving average of $56.50.

Vanguard Long-Term Treasury ETF Increases Dividend

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

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.