Tortoise Investment Management LLC Has $13.92 Million Stock Position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Tortoise Investment Management LLC increased its position in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 21.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 226,279 shares of the company’s stock after acquiring an additional 39,372 shares during the period. Vanguard Long-Term Treasury Index ETF comprises approximately 1.9% of Tortoise Investment Management LLC’s portfolio, making the stock its 10th biggest holding. Tortoise Investment Management LLC owned about 0.13% of Vanguard Long-Term Treasury Index ETF worth $13,923,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of VGLT. Forthright Family Wealth Advisory LLC acquired a new stake in Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at approximately $3,715,000. Centaurus Financial Inc. acquired a new position in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter valued at $1,308,000. Scarborough Advisors LLC acquired a new position in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter valued at $804,000. Nepc LLC acquired a new position in Vanguard Long-Term Treasury Index ETF in the 4th quarter worth $86,978,000. Finally, Bell Investment Advisors Inc boosted its stake in shares of Vanguard Long-Term Treasury Index ETF by 2.2% during the 4th quarter. Bell Investment Advisors Inc now owns 130,158 shares of the company’s stock worth $8,009,000 after buying an additional 2,829 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Stock Up 0.7 %

Shares of VGLT stock traded up $0.44 on Friday, reaching $59.25. The stock had a trading volume of 2,194,533 shares, compared to its average volume of 2,289,760. The firm’s 50-day moving average is $56.88 and its two-hundred day moving average is $58.50. Vanguard Long-Term Treasury Index ETF has a 12 month low of $51.90 and a 12 month high of $64.14.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were given a dividend of $0.2025 per share. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Monday, June 3rd.

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.