Bank of America Corp DE Has $4.95 Billion Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Bank of America Corp DE grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 61.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 83,053,264 shares of the company’s stock after acquiring an additional 31,643,968 shares during the period. Bank of America Corp DE owned about 12.26% of Vanguard Intermediate-Term Treasury ETF worth $4,945,822,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VGIT. Spire Wealth Management increased its holdings 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 valued at $27,000 after purchasing an additional 398 shares during the period. First Community Trust NA acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 1st quarter worth about $27,000. Fairway Wealth LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter valued at about $27,000. JPL Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 3rd quarter valued at about $28,000. Finally, Gilpin Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at about $30,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT stock opened at $58.43 on Thursday. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $58.17 and a 1-year high of $60.76. The stock has a 50-day moving average of $58.72 and a 200-day moving average of $59.34.

Vanguard Intermediate-Term Treasury ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.1879 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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.