Cardinal Point Capital Management ULC Has $67.91 Million Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Cardinal Point Capital Management ULC grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 4.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,140,442 shares of the company’s stock after acquiring an additional 52,401 shares during the period. Vanguard Intermediate-Term Treasury ETF comprises approximately 4.2% of Cardinal Point Capital Management ULC’s holdings, making the stock its 4th largest position. Cardinal Point Capital Management ULC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $67,913,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of VGIT. Spire Wealth Management increased its position in Vanguard Intermediate-Term Treasury ETF by 796.0% in the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after buying an additional 398 shares in the last quarter. First Community Trust NA purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 1st quarter valued at about $27,000. JPL Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at about $28,000. Gilpin Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at approximately $30,000. Finally, Crewe Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at approximately $32,000.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.4%

VGIT opened at $59.00 on Thursday. The company has a 50 day simple moving average of $59.02 and a two-hundred day simple moving average of $59.57. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $58.37 and a 1-year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.1935 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

Vanguard Intermediate-Term Treasury ETF Company Profile

Vanguard Intermediate Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 3-10 Year Government Float Adjusted Index (the Fund). 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 between 3 and 10 years.