Profile
Assets class:
Long-Term BondAssets under management:
$19 BAverage volume:
$2 MDomicile:
USExpense ratio:
0.04%Inception date:
19 November 2009Website:
http://investor.vanguard.comLast dividends:
03 September 2024Next dividends:
N/ATop countries
Dividend yield TTM
VGLT Latest News
VGLT is a leading long treasury ETF positioned well for a rate declining cycle. Warren Buffett is increasing his cash position by selling leading equity stocks like AAPL and BAC, prompting asset rotation to increase fixed income investments. More asset allocation in long government bonds is recommended, with VGLT ETF as one of the preferred choices.
Vanguard Long-Term Treasury Index Fund ETF Shares offers a yield of about 4.5% and low expense ratios. The ETF has experienced volatility but may be poised for a rebound as interest rates decline. BlackRock sees this as a good opportunity to buy bonds and believes potential downside risks are limited.
VGLT is a good investment option for long-term US Treasury Bonds in 2024 due to expected interest rate cuts and decreasing inflation. Advances in artificial intelligence and other more efficient technologies will allow companies to reduce costs; these advances decrease the odds of continuing inflation and rising rates, thus benefiting long-term bonds. VGLT offers advantages over other funds like TLT, making it an attractive choice for investors.
December CPI came in slightly higher than expected, with headline inflation at +0.3% and core inflation at +0.3%. On a year-over-year basis, headline CPI is now +3.4% and core inflation is 3.9%.
2023 has been marked by a return to bond exchange traded funds (ETFs) despite continued hawkishness by the U.S. Federal Reserve. Short-term bond funds have been a default option amid tightening monetary policy, but now, long-term debt could be back in the fold.
The Vanguard Long-Term Treasury Index Fund has been given a hold rating due to its low cost, high tradeability, and decent yield, despite near-term downside risks. VGLT's portfolio consists of 76 bonds and net assets under management sum to $6.2 billion as of July 7, 2023, with 41% of its holdings in long-term Treasuries over 25 years in duration. Despite being a solid long-term holding for investors looking to diversify their portfolios, the near-term technical outlook and momentum.
The ADP's strong jobs report pushed the benchmark yield for 10-year Treasuries over the 4% threshold. That's the highest 10-year Treasury yields have been since March.
What is VGLT ETF?
The fund employs an indexing investment approach designed to track the performance of the Bloomberg U.S. Long Treasury Index. This index includes fixed income securities issued by the U.S. Treasury (not including inflation-protected bonds, floating rate securities and certain other security types), with maturities greater than 10 years. Under normal circumstances, at least 80% of the fund's assets will be invested in bonds included in the index.
What is VGLT assets class?
Assets class of VGLT ETF is 'Long-Term Bond'
What is VGLT assets under management?
Assets under management of VGLT ETF is $19 B
What is VGLT average volume?
Average volume of VGLT ETF is $2 M
What is VGLT domicile?
Domicile of VGLT ETF is US
What is VGLT expense ratio?
Expense ratio of VGLT ETF is 0.04%
What is VGLT inception date?
Inception date of VGLT ETF is 19 November 2009
What is VGLT website?
Website of VGLT ETF is https://investor.vanguard.com/investment-products/etfs/profile/VGLT