According to Zacks, on December 21, the Vanguard Long-Term Treasury Index Fund (NASDAQ: VGLT) stated a monthly dividend payment. This information was disclosed in the statement. Payments of dividends will be made to shareholders on Thursday, December 29, provided their records are up-to-date as of Tuesday, December 27. The amount of the dividend payment, in cents, will be 0.158 per share. This results in a dividend yield of 2.96% and a dividend payout of $1.90 per share annually for each outstanding share. The ex-dividend date is on December 23, which is this coming Friday. The previous value of the monthly dividend paid out by the Vanguard Long-Term Treasury Index Fund was $0.15; consequently, this represents an increase from that previous value.
Recent months have seen several institutional investors, including hedge funds and other types, modify how they are currently holding their VGLT. The percentage of the Vanguard Long-Term Treasury Index Fund that the Bank of New York Mellon Corporation held increased by 14.0% during the first three months of 2018 when compared to the percentage it held in the previous year. Bank of New York Mellon Corp now owns 54,240 shares of the company’s stock, valued at $4,361,000, after purchasing an additional 6,680 shares during the most recent period. During the first three months of 2018, Zions Bancorporation, N.A., invested 117 thousand dollars into the Vanguard Long-Term Treasury Index Fund, thereby opening a new position in the fund. The number of assets held by the Vanguard Long-Term Treasury Index Fund increased by 103.6% during the first quarter, according to data provided by NewEdge Advisors LLC. NewEdge Advisors LLC now has 29,919 shares following the purchase of an additional 15,226 shares during the most recent quarter. The combined value of NewEdge Advisors LLC’s 29,919 shares of the company is $2,405,000. In addition, during the first three months of 2018, A.J. Wealth Strategies LLC made a new investment of approximately $907,00 in the Vanguard Long-Term Treasury Index Fund, thereby initiating a new position in the fund. And finally, during the first quarter of this year, Centaurus Financial Inc. increased the proportion of the Vanguard Long-Term Treasury Index Fund, which it had invested by a total of 1,165.7%. Centaurus Financial Inc. now has 14,568 shares of the company’s stock, which has a value of $1,171,000 after purchasing an additional 13,417 shares during the most recent fiscal quarter. This brings the total number of shares owned by the company to 14,568.
On Friday, shares of VGLT started trading for $64.07 each. The company’s moving averages for the past 50 and 200 days are currently at $62.15 and $66.16, respectively. On the same day a year ago, the Vanguard Long-Term Treasury Index Fund experienced its all-time high price of $90.36 and its all-time low price of $57.04 that same day.
The primary investment objective of the Vanguard Long Term Government Bond Exchange Traded Fund (the Fund) is to outperform a market-weighted index of long-term, dollar-weighted government bonds. This is the fund’s primary investment objective. In addition, the company makes investments while tracking the performance of an index called the Barclays Capital U.S. This strategy is known as passive management or indexing, and it is also the name of one of the strategies.