Concurrent Investment Advisors LLC Reduces Stake in Vanguard Long-Term Treasury Index ETF

During the fourth quarter, Concurrent Investment Advisors LLC significantly reduced its investment in the Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT). According to reports, the company cut its holdings by 87.7%, leaving it with 3,671 shares after selling 26,106 shares throughout the quarter. By the end of this period, Concurrent Investment Advisors LLC’s investment in the ETF was valued at approximately $203,000.

In addition to Concurrent Investment Advisors LLC, other large investors have also been active in adjusting their positions in the Vanguard Long-Term Treasury Index ETF. For instance, Advyzon Investment Management LLC made a new investment in the ETF during the fourth quarter, acquiring a position worth $741,000. Similarly, Private Advisor Group LLC increased its holdings by 11.9%, now owning 6,204 shares valued at $343,000 after adding 660 shares during the last quarter. Moreover, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors saw a 32.9% boost in their stake, raising it to 30,160 shares valued at $1,669,000 after buying an additional 7,460 shares.

Additionally, Kestra Investment Management LLC entered a new position in the ETF valued at around $29,000, while Empower Advisory Group LLC expanded its stakes by 10.8%, now owning 10,738,988 shares worth approximately $594,403,000 after purchasing an extra 1,044,022 shares during the quarter.

Vanguard Long-Term Treasury Index ETF Stock Performance

As for the stock performance, shares of the Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) opened at $58.02 on the most recent trading day. Currently, the stock has a 50-day simple moving average of $55.64 and a 200-day simple moving average of $58.23. Over the past year, the ETF has experienced a low of $53.79 and a high of $63.41, indicating some fluctuations in its value.

Recent Dividend Announcement

The Vanguard Long-Term Treasury Index ETF recently declared a dividend, which was distributed on February 5th. Shareholders who held shares as of February 3rd received a dividend payment of $0.2067 per share, with an ex-dividend date set for February 3rd.

About Vanguard Long-Term Treasury Index ETF

The Vanguard Long-Term Treasury Index ETF aims to replicate the performance of a market-weighted government bond index that has a long-term, dollar-weighted average maturity. The fund utilizes a passive management or indexing strategy that seeks to track the performance of the Barclays Capital U.S.

Conclusion

As investments in the Vanguard Long-Term Treasury Index ETF continue to evolve, it is crucial for investors to stay informed about changes in holdings and overall market performance.

Investors, ETF, Dividends