Envestnet Asset Management Inc. Increases Stock Position in Vanguard Long-Term Treasury ETF $VGLT

Envestnet Asset Management Inc. grew its stake in shares of Vanguard Long-Term Treasury ETF (NASDAQ:VGLT – Free Report) by 27.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,530,593 shares of the company’s stock after acquiring an additional 762,409 shares during the period. Envestnet Asset Management Inc. owned about 1.77% of Vanguard Long-Term Treasury ETF worth $194,818,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of VGLT. WealthShield Partners LLC lifted its position in shares of Vanguard Long-Term Treasury ETF by 1.4% during the 1st quarter. WealthShield Partners LLC now owns 15,076 shares of the company’s stock valued at $835,000 after buying an additional 203 shares during the last quarter. Essential Partners LLC increased its stake in shares of Vanguard Long-Term Treasury ETF by 5.0% in the first quarter. Essential Partners LLC now owns 4,770 shares of the company’s stock worth $264,000 after purchasing an additional 227 shares in the last quarter. BAM Wealth Management LLC raised its position in shares of Vanguard Long-Term Treasury ETF by 3.8% in the second quarter. BAM Wealth Management LLC now owns 8,233 shares of the company’s stock valued at $454,000 after purchasing an additional 301 shares during the period. Flagship Wealth Advisors LLC raised its position in shares of Vanguard Long-Term Treasury ETF by 0.4% in the first quarter. Flagship Wealth Advisors LLC now owns 74,287 shares of the company’s stock valued at $4,169,000 after purchasing an additional 307 shares during the period. Finally, Root Financial Partners LLC lifted its stake in shares of Vanguard Long-Term Treasury ETF by 37.5% during the 1st quarter. Root Financial Partners LLC now owns 1,490 shares of the company’s stock valued at $82,000 after buying an additional 406 shares in the last quarter.

VGLT opened at $50.99 on Friday. The company has a 50 day moving average of $52.81 and a 200 day moving average of $54.17. Vanguard Long-Term Treasury ETF has a 12 month low of $50.99 and a 12 month high of $58.44.

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. Long Government Float Adjusted Index (the Index). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities greater than 10 years.
• Five stocks we like better than Vanguard Long-Term Treasury ETF
• Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
• Paychex Plunges, Providing the Entry Investors Have Been Waiting For
• The Case for Buying High-Yield General Mills Just Strengthened

Want to see what other hedge funds are holding VGLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Long-Term Treasury ETF (NASDAQ:VGLT – Free Report).

Receive News & Ratings for Vanguard Long-Term Treasury ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Vanguard Long-Term Treasury ETF and related companies with MarketBeat.com’s FREE daily email newsletter.…Read more by Defense World Staff