Independence Bank of Kentucky Lowers Stock Holdings in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Independence Bank of Kentucky reduced its position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 2.1% in the first quarter, Holdings Channel.com reports. The fund owned 25,385 shares of the company’s stock after selling 550 shares during the quarter. Independence Bank of Kentucky’s holdings in Vanguard Long-Term Treasury Index ETF were worth $1,504,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. D.A. Davidson & CO. bought a new position in shares of Vanguard Long-Term Treasury Index ETF during the 4th quarter valued at about $2,868,000. Lincoln National Corp grew its position in shares of 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 buying an additional 19,640 shares during the last quarter. Bailard Inc. bought a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter worth approximately $4,592,000. U.S. Capital Wealth Advisors LLC purchased a new position in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at approximately $681,000. Finally, First Financial Bankshares Inc bought a new position in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter valued at approximately $16,222,000.

Vanguard Long-Term Treasury Index ETF Stock Performance

NASDAQ:VGLT traded down $0.91 during trading hours on Friday, hitting $57.68. The company had a trading volume of 2,546,045 shares, compared to its average volume of 2,244,365. The stock has a 50-day moving average price of $57.35 and a 200 day moving average price of $58.52. Vanguard Long-Term Treasury Index ETF has a 52 week low of $51.90 and a 52 week high of $63.69.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were issued a $0.2025 dividend. The ex-dividend date was Monday, June 3rd. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.19.

Vanguard Long-Term Treasury Index ETF Company 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.