Lake Point Wealth Management Invests $29,000 in Vanguard Long-Term Government Bond ETF (VGLT)

Lake Point Wealth Management purchased a new stake in Vanguard Long-Term Government Bond ETF (NASDAQ:VGLT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 393 shares of the company’s stock, valued at approximately $29,000.

Several other large investors have also recently modified their holdings of the stock. Wealthcare Advisory Partners LLC lifted its position in shares of Vanguard Long-Term Government Bond ETF by 12.4% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 3,246 shares of the company’s stock valued at $243,000 after acquiring an additional 357 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Vanguard Long-Term Government Bond ETF by 5.0% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 13,467 shares of the company’s stock valued at $1,006,000 after acquiring an additional 644 shares in the last quarter. MML Investors Services LLC lifted its position in shares of Vanguard Long-Term Government Bond ETF by 14.0% in the 3rd quarter. MML Investors Services LLC now owns 7,225 shares of the company’s stock valued at $521,000 after acquiring an additional 889 shares in the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Long-Term Government Bond ETF by 3.9% in the 3rd quarter. LPL Financial LLC now owns 58,125 shares of the company’s stock valued at $4,195,000 after acquiring an additional 2,159 shares in the last quarter. Finally, Two Sigma Securities LLC purchased a new stake in shares of Vanguard Long-Term Government Bond ETF in the 4th quarter valued at approximately $278,000.

Shares of NASDAQ:VGLT traded up $0.33 during mid-day trading on Friday, hitting $75.58. The stock had a trading volume of 91,632 shares, compared to its average volume of 256,256. Vanguard Long-Term Government Bond ETF has a 12-month low of $68.97 and a 12-month high of $77.91.

The business also recently announced a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.177 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $2.12 dividend on an annualized basis and a yield of 2.81%.

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Vanguard Long-Term Government Bond 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.

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Institutional Ownership by Quarter for Vanguard Long-Term Government Bond ETF (NASDAQ:VGLT)

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