Kovitz Investment Group Partners LLC Makes New Investment in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Kovitz Investment Group Partners LLC bought a new position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 245,540 shares of the company’s stock, valued at approximately $13,591,000.

Other institutional investors have also modified their holdings of the company. Annex Advisory Services LLC bought a new position in Vanguard Long-Term Treasury Index ETF during the 4th quarter worth approximately $143,685,000. Empower Advisory Group LLC raised its position in shares of Vanguard Long-Term Treasury Index ETF by 10.8% during the 4th quarter. Empower Advisory Group LLC now owns 10,738,988 shares of the company’s stock valued at $594,403,000 after acquiring an additional 1,044,022 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in Vanguard Long-Term Treasury Index ETF by 339.9% during the fourth quarter. Wealthfront Advisers LLC now owns 1,351,100 shares of the company’s stock worth $74,783,000 after purchasing an additional 1,043,993 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard Long-Term Treasury Index ETF in the fourth quarter worth $37,568,000. Finally, JPMorgan Chase & Co. increased its stake in Vanguard Long-Term Treasury Index ETF by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 44,472,238 shares of the company’s stock valued at $2,736,822,000 after purchasing an additional 410,850 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Trading Up 0.7 %

VGLT opened at $56.41 on Friday. The company’s 50-day moving average price is $56.81 and its 200 day moving average price is $56.84. Vanguard Long-Term Treasury Index ETF has a fifty-two week low of $53.80 and a fifty-two week high of $63.41.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.2096 per share. This represents a $2.52 dividend on an annualized basis and a yield of 4.46%. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, April 1st.

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.