Deutsche Bank AG Raises Stake in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany. The company operates globally and provides a wide range of financial products and services to individuals, corporations, and governments.

Vanguard Long-Term Treasury Index ETF NASDAQVGLT is an exchange-traded fund (ETF) that tracks the performance of the Dow Jones U.S. Broad Stock Market Index, which includes large and mid-cap stocks listed on the Nasdaq Global Select Market in the United States.

According to Deutsche Bank AG's most recent filing with the Securities and Exchange Commission (SEC), the company increased its stake in shares of Vanguard Long-Term Treasury Index ETF NASDAQVGLT by 16.8% during the third quarter. This means that Deutsche Bank AG now owns a total of 14,127 shares of the company's stock after purchasing an additional 2,030 shares during the period.

It is worth noting that Deutsche Bank AG is not the only institutional investor to have increased its stake in Vanguard Long-Term Treasury Index ETF NASDAQVGLT. In fact, the ETF has seen significant interest from institutional investors in recent years, as they seek to diversify their portfolios and take advantage of the potential for long-term growth in the U.S. stock market.

Overall, Deutsche Bank AG's decision to increase its stake in Vanguard Long-Term Treasury Index ETF NASDAQVGLT reflects the company's confidence in the potential for long-term growth in the U.S. stock market and its commitment to providing its clients with a wide range of investment products and services that meet their unique needs and goals.