Ackerman Capital Advisors LLC Makes New $6.02 Million Investment in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Ackerman Capital Advisors LLC purchased a new stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 97,849 shares of the company’s stock, valued at approximately $6,022,000. Vanguard Long-Term Treasury Index ETF accounts for 1.6% of Ackerman Capital Advisors LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other hedge funds also recently made changes to their positions in VGLT. Lazard Asset Management LLC grew its position in Vanguard Long-Term Treasury Index ETF by 23.0% in the 1st quarter. Lazard Asset Management LLC now owns 54,795 shares of the company’s stock valued at $3,246,000 after buying an additional 10,253 shares in the last quarter. Brookstone Capital Management bought a new position in shares of Vanguard Long-Term Treasury Index ETF in the first quarter valued at approximately $206,000. Avantax Advisory Services Inc. increased its stake in shares of Vanguard Long-Term Treasury Index ETF by 25.6% during the first quarter. Avantax Advisory Services Inc. now owns 26,593 shares of the company’s stock valued at $1,575,000 after acquiring an additional 5,424 shares during the period. Full Sail Capital LLC raised its holdings in Vanguard Long-Term Treasury Index ETF by 2.8% during the second quarter. Full Sail Capital LLC now owns 261,371 shares of the company’s stock worth $15,076,000 after purchasing an additional 7,052 shares in the last quarter. Finally, Sinecera Capital LLC lifted its position in Vanguard Long-Term Treasury Index ETF by 94.1% in the second quarter. Sinecera Capital LLC now owns 72,171 shares of the company’s stock worth $4,163,000 after purchasing an additional 34,981 shares during the period.

Vanguard Long-Term Treasury Index ETF Stock Down 0.5 %

Shares of NASDAQ VGLT opened at $58.04 on Friday. Vanguard Long-Term Treasury Index ETF has a 1 year low of $52.38 and a 1 year high of $63.41. The stock has a fifty day moving average price of $60.89 and a two-hundred day moving average price of $58.95.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.2041 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20.

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.