Fisher Asset Management LLC Cuts Stake in Vanguard Long-Term Treasury ETF $VGLT

Fisher Asset Management LLC lessened its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) by 15.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 599,884 shares of the company’s stock after selling 108,573 shares during the period. Fisher Asset Management LLC owned about 0.34% of Vanguard Long-Term Treasury ETF worth $34,109,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Thompson Investment Management Inc. bought a new position in shares of Vanguard Long-Term Treasury ETF during the 3rd quarter valued at approximately $30,000. Howe & Rusling Inc. bought a new position in Vanguard Long-Term Treasury ETF during the third quarter valued at $32,000. First Horizon Corp purchased a new stake in Vanguard Long-Term Treasury ETF in the third quarter worth $33,000. High Note Wealth LLC bought a new stake in shares of Vanguard Long-Term Treasury ETF in the third quarter valued at $44,000. Finally, Clearstead Advisors LLC lifted its position in shares of Vanguard Long-Term Treasury ETF by 34.6% during the 3rd quarter. Clearstead Advisors LLC now owns 810 shares of the company’s stock valued at $46,000 after buying an additional 208 shares during the last quarter.

Vanguard Long-Term Treasury ETF Trading Down 0.2%

VGLT stock opened at $57.03 on Wednesday. The stock has a fifty day moving average of $56.33 and a 200-day moving average of $56.59. Vanguard Long-Term Treasury ETF has a fifty-two week low of $53.17 and a fifty-two week high of $59.46.

Vanguard Long-Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be paid a $0.1874 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%.

About Vanguard Long-Term Treasury 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. 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.