Cetera Investment Advisers Adjusts Stake in Vanguard Long-Term Treasury Index ETF

In a recent report filed with the Securities and Exchange Commission (SEC), Cetera Investment Advisers disclosed a reduction in its holdings of the Vanguard Long-Term Treasury Index ETF (NASDAQ: VGLT) by 11.8% during the second quarter of the year. Following the sale of 5,085 shares, the firm now owns a total of 38,003 shares, which are valued at approximately $2,192,000 based on the latest SEC filing.

Other institutional investors have also been active, buying and selling shares of VGLT. For instance, Asset Dedication LLC initiated a new position in the ETF during the second quarter, investing around $32,000. Carmichael Hill & Associates Inc. saw a significant increase in its stake, rising by 527.8% to own 565 shares, valued at around $33,000 after acquiring an additional 475 shares. Furthermore, First Horizon Advisors Inc. increased its holdings by 381.8%, bringing its total to 583 shares worth $34,000 after purchasing an additional 462 shares.

Additionally, Sachetta LLC made a notable increase in its investment, raising its position by 882.8% to own 629 shares worth $37,000 after an acquisition of 565 shares. Central Pacific Bank Trust Division also entered the scene by acquiring a new stake valued at $38,000 in the first quarter.

Performance Overview of Vanguard Long-Term Treasury Index ETF

As of the last trading session, the Vanguard Long-Term Treasury Index ETF opened at $59.00. The fund’s fifty-day moving average stands at $61.29, while the two-hundred-day moving average is recorded at $58.91. Over the past year, the ETF has experienced a low of $51.90 and a high of $63.41.

Dividend Announcement

In addition to the adjustments in holdings, the Vanguard Long-Term Treasury Index ETF recently announced an increase in its dividend. A payment of $0.2041 per share was made to shareholders on September 5th, reflecting a slight increase from the prior dividend of $0.20. The ex-dividend date was set for September 3rd, marking an important date for investors looking to benefit from the dividend payout.

About Vanguard Long-Term Treasury Index ETF

The Vanguard Long-Term Treasury Index ETF is designed to track the performance of a market-weighted index of U.S. government bonds with a long-term dollar-weighted average maturity. It follows a passive management strategy aimed at replicating the performance of the Barclays Capital U.S. Long Treasury Bond Index.

Conclusion

As Cetera and other institutional investors reevaluate their positions in the Vanguard Long-Term Treasury Index ETF, the recent performance, dividend announcements, and market conditions will likely influence future decisions regarding their investments.

ETF, VGLT, Investment