Modern Wealth Management LLC Acquires 19,970 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Modern Wealth Management LLC lifted its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 8.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 259,862 shares of the company’s stock after purchasing an additional 19,970 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $15,600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of VGIT. Cobblestone Capital Advisors LLC NY boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 54.1% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 164,857 shares of the company’s stock valued at $9,896,000 after acquiring an additional 57,875 shares during the last quarter. Permanent Capital Management LP bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the third quarter worth approximately $42,071,000. Croban raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 50.2% during the third quarter. Croban now owns 64,024 shares of the company’s stock valued at $3,843,000 after purchasing an additional 21,388 shares during the last quarter. CFS Investment Advisory Services LLC lifted its position in Vanguard Intermediate-Term Treasury ETF by 25.0% during the third quarter. CFS Investment Advisory Services LLC now owns 72,091 shares of the company’s stock valued at $4,358,000 after purchasing an additional 14,421 shares during the period. Finally, Dakota Wealth Management lifted its position in Vanguard Intermediate-Term Treasury ETF by 8.9% during the third quarter. Dakota Wealth Management now owns 274,546 shares of the company’s stock valued at $16,481,000 after purchasing an additional 22,452 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT stock opened at $60.00 on Friday. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.42 and a 12-month high of $60.76. The firm’s 50 day moving average is $60.04 and its 200 day moving average is $60.09.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1746 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Monday, March 2nd.

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.