JPMorgan Chase & Co. Purchases 410,850 Shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

JPMorgan Chase & Co. lifted its position in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 0.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 44,472,238 shares of the company’s stock after buying an additional 410,850 shares during the period. JPMorgan Chase & Co. owned approximately 0.18% of Vanguard Long-Term Treasury Index ETF worth $2,736,822,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VGLT. Bank of New York Mellon Corp lifted its stake in Vanguard Long-Term Treasury Index ETF by 28.2% in the second quarter. Bank of New York Mellon Corp now owns 325,395 shares of the company’s stock valued at $18,769,000 after buying an additional 71,546 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Vanguard Long-Term Treasury Index ETF by 18.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 42,683 shares of the company’s stock worth $2,462,000 after purchasing an additional 6,559 shares during the period. UMB Bank n.a. increased its holdings in Vanguard Long-Term Treasury Index ETF by 5.1% during the 2nd quarter. UMB Bank n.a. now owns 45,049 shares of the company’s stock worth $2,598,000 after purchasing an additional 2,168 shares in the last quarter. TrueMark Investments LLC bought a new stake in shares of Vanguard Long-Term Treasury Index ETF in the second quarter valued at about $276,000. Finally, Forum Financial Management LP raised its position in Vanguard Long-Term Treasury Index ETF by 62.8% in the 2nd quarter. Forum Financial Management LP now owns 110,885 shares of the company’s stock valued at $6,396,000 after buying an additional 42,771 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Stock Performance

VGLT traded down $0.02 during trading hours on Thursday, hitting $55.49. 2,489,818 shares of the company’s stock were exchanged, compared to its average volume of 2,576,371. Vanguard Long-Term Treasury Index ETF has a 1-year low of $54.96 and a 1-year high of $63.41. The stock’s 50-day moving average is $57.65 and its two-hundred day moving average is $59.20.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th will be issued a $0.2075 dividend. The ex-dividend date is Tuesday, December 24th.

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.