B.O.S.S. Retirement Advisors LLC, a financial advisory firm, has reported a 14.9% increase in its ownership of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) in the second quarter of this year. The firm acquired an additional 2,226 shares, bringing their total holdings to 17,155 shares. This positions them as a significant shareholder in the company, with their investment valued at $1,090,000 at the end of the reporting period.
The recent 13F filing with the Securities and Exchange Commission provides valuable insights into the actions and strategies of hedge funds regarding VGLT. Investors interested in tracking these activities can visit HoldingsChannel.com for access to the latest 13F filings and details on insider trades related to Vanguard Long-Term Treasury Index ETF.
Furthermore, Vanguard Long-Term Treasury Index ETF recently announced a dividend payment made on September 7th. Shareholders recorded as of September 5th received a dividend of $0.1813 per share. It is noteworthy that this dividend represents an increase from the previous payout of $0.17.
These developments indicate several positive aspects for both B.O.S.S. Retirement Advisors LLC and investors considering VGLT as part of their portfolio. Increasing ownership suggests growing confidence in the performance and potential of Vanguard Long-Term Treasury Index ETF.
Moreover, the dividend increase points towards the company’s financial strength and commitment to providing value to its shareholders. Such boosts can be attractive to income-focused investors seeking stable returns.
It is essential for investors to stay informed about market trends and actions taken by influential players such as B.O.S.S. Retirement Advisors LLC when making strategic investment decisions. The mentioned updates provide valuable insights into the ongoing dynamics surrounding Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT).
While past performance does not guarantee future results, understanding current developments within companies can contribute to well-informed investment decisions. Investors are encouraged to conduct thorough research and consult with a qualified financial advisor to align their investment strategies with their individual goals and risk tolerance.
As of the publication date, this article represents the most recent information available. It is recommended to keep track of any subsequent updates or announcements from Vanguard Long-Term Treasury Index ETF and related parties for a comprehensive understanding of its investment landscape.
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Recent Changes in Hedge Fund Positions Spark Interest in Vanguard Long-Term Treasury Index ETF
September 17, 2023 – Vanguard Long-Term Treasury Index ETF has received attention from several hedge funds recently, with changes being made to their positions in the company. Ameriprise Financial Inc. increased its stake by 32.9% during the first quarter of this year, bringing its total ownership to 8,699,791 shares worth $574,468,000. Bank of America Corp DE also saw a significant increase in stake by 174.0% during the fourth quarter, now owning 7,429,790 shares valued at $457,824,000. Morgan Stanley followed suit with a 26.8% stake increase in the same period and currently holds 5,450,418 shares valued at $335,855,000.
Wealth Enhancement Advisory Services LLC also joined in by purchasing a new stake worth $149,034,000 during the first quarter of this year. Additionally,Citigroup Inc. slightly increased its position in Vanguard Long-Term Treasury Index ETF by 3.5%, now possessing 1,619,350 shares valued at $106 ,084 ,000.
On Friday the stock opened at $58.01 for Vanguard Long-Term Treasury Index ETF with a fifty-day moving average of $60.16 and a two-hundred day moving average of $62 .65 . The stock experienced a one-year low of $57 .04 and a one-year high of $67 .25 .
Vanguard Long Term Government Bond ETF primarily aims to track the performance of a market-weighted government bond index with a long-term dollar-weighted average maturity. The fund adopts a passive management or indexing investment approach which is designed to mirror the performance exhibited by Barclays Capital U.S.
While these developments may seem perplexing to some investors as they try to grasp how such changes could impact Vanguard Long-Term Treasury Index ETF’s overall outlook and potential returns for shareholders,the underlying reasons behind these moves can only be speculated upon. It would be advisable for interested parties to consult with financial experts or conduct thorough research before making any investment decisions related to Vanguard Long-Term Treasury Index ETF.