Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Shares Sold by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. trimmed its holdings in shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 43.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 485,000 shares of the company’s stock after selling 370,000 shares during the quarter. Vanguard Long-Term Treasury Index ETF accounts for approximately 1.1% of Lockheed Martin Investment Management Co.’s portfolio, making the stock its 23rd biggest position. Lockheed Martin Investment Management Co.’s holdings in Vanguard Long-Term Treasury Index ETF were worth $26,845,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VGLT. Annex Advisory Services LLC bought a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter worth $143,685,000. Cassaday & Co Wealth Management LLC raised its position in Vanguard Long-Term Treasury Index ETF by 91.7% in the third quarter. Cassaday & Co Wealth Management LLC now owns 3,836,692 shares of the company’s stock worth $236,110,000 after acquiring an additional 1,835,116 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Vanguard Long-Term Treasury Index ETF by 49.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,192,158 shares of the company’s stock valued at $123,763,000 after acquiring an additional 727,075 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Vanguard Long-Term Treasury Index ETF by 10.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,514,698 shares of the company’s stock valued at $400,914,000 after purchasing an additional 637,415 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 230.0% in the 3rd quarter. Assetmark Inc. now owns 913,114 shares of the company’s stock worth $56,193,000 after purchasing an additional 636,405 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Price Performance

VGLT stock opened at $55.94 on Wednesday. Vanguard Long-Term Treasury Index ETF has a 12 month low of $53.79 and a 12 month high of $63.41. The firm has a 50 day simple moving average of $56.24 and a 200 day simple moving average of $58.57.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be issued a $0.2067 dividend. The ex-dividend date is Monday, February 3rd.

Vanguard Long-Term Treasury Index 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.