RKL Wealth Management LLC Boosts Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

RKL Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 480,188 shares of the company’s stock after purchasing an additional 19,651 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises 2.4% of RKL Wealth Management LLC’s holdings, making the stock its 8th largest holding. RKL Wealth Management LLC owned 0.08% of Vanguard Intermediate-Term Treasury ETF worth $28,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Oath Planning LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at about $2,322,000. Kovack Advisors Inc. raised its position in Vanguard Intermediate-Term Treasury ETF by 25.5% during the fourth quarter. Kovack Advisors Inc. now owns 37,333 shares of the company’s stock valued at $2,237,000 after acquiring an additional 7,581 shares in the last quarter. First Financial Bankshares Inc purchased a new position in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $411,000. Graetz Wealth LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $1,968,000. Finally, Stirlingshire Investments Inc. acquired a new stake in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at approximately $2,380,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT opened at $58.89 on Friday. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $58.37 and a 12 month high of $60.76. The stock’s 50 day moving average is $59.12 and its two-hundred day moving average is $59.67.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

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

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.