Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Stake Reduced by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC reduced its stake in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 29.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 9,109 shares of the company’s stock after selling 3,768 shares during the period. Nicolet Advisory Services LLC’s holdings in Vanguard Long-Term Treasury Index ETF were worth $527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in VGLT. D.A. Davidson & CO. acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter valued at $2,868,000. Lincoln National Corp increased its position in Vanguard Long-Term Treasury Index ETF by 226.0% in the 4th quarter. Lincoln National Corp now owns 28,331 shares of the company’s stock worth $1,743,000 after purchasing an additional 19,640 shares during the last quarter. Bailard Inc. bought a new stake in shares of Vanguard Long-Term Treasury Index ETF during the 4th quarter worth about $4,592,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Vanguard Long-Term Treasury Index ETF during the 4th quarter worth about $681,000. Finally, First Financial Bankshares Inc bought a new stake in shares of Vanguard Long-Term Treasury Index ETF during the 4th quarter worth about $16,222,000.

Vanguard Long-Term Treasury Index ETF Stock Performance

Shares of VGLT traded down $0.29 during trading hours on Friday, hitting $58.36. 1,337,867 shares of the company were exchanged, compared to its average volume of 2,248,921. The firm’s 50 day moving average is $57.96 and its 200-day moving average is $58.16. Vanguard Long-Term Treasury Index ETF has a 52 week low of $51.90 and a 52 week high of $63.23.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a dividend of $0.1967 per share. The ex-dividend date of this dividend was Monday, July 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.