Hanson & Doremus Investment Management Boosts Stock Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Hanson & Doremus Investment Management boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 5.9% during the first quarter, Holdings Channel reports. The firm owned 1,183,781 shares of the company’s stock after acquiring an additional 66,256 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up about 8.1% of Hanson & Doremus Investment Management’s investment portfolio, making the stock its 2nd biggest position. Hanson & Doremus Investment Management’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $70,494,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VGIT. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 7.7% during the fourth quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock valued at $4,632,238,000 after acquiring an additional 5,493,522 shares in the last quarter. Bank of America Corp DE boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 3.3% in the fourth quarter. Bank of America Corp DE now owns 51,409,296 shares of the company’s stock valued at $3,080,959,000 after acquiring an additional 1,647,700 shares in the last quarter. Morgan Stanley boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 14.0% in the fourth quarter. Morgan Stanley now owns 22,609,003 shares of the company’s stock valued at $1,354,958,000 after acquiring an additional 2,778,949 shares in the last quarter. SCS Capital Management LLC increased its position in Vanguard Intermediate-Term Treasury ETF by 12.1% during the 4th quarter. SCS Capital Management LLC now owns 16,724,645 shares of the company’s stock valued at $1,002,308,000 after purchasing an additional 1,805,448 shares during the period. Finally, Creative Planning increased its position in Vanguard Intermediate-Term Treasury ETF by 9.3% during the 3rd quarter. Creative Planning now owns 16,456,953 shares of the company’s stock valued at $987,910,000 after purchasing an additional 1,401,442 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ VGIT opened at $58.69 on Tuesday. The firm has a fifty day simple moving average of $59.04 and a two-hundred day simple moving average of $59.59. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $58.37 and a 12 month 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. Investors of record on Monday, June 1st were paid a $0.1935 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is an increase 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 4.0%.

About Vanguard Intermediate-Term Treasury ETF

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.