Arax Advisory Partners Takes $1.47 Million Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Arax Advisory Partners acquired a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the fourth quarter, HoldingsChannel reports. The firm acquired 24,499 shares of the company’s stock, valued at approximately $1,468,000.

A number of other institutional investors have also modified their holdings of the company. Exencial Wealth Advisors LLC raised its position in shares of Vanguard Intermediate-Term Treasury ETF by 3.3% in the fourth quarter. Exencial Wealth Advisors LLC now owns 5,720 shares of the company’s stock valued at $343,000 after buying an additional 181 shares during the last quarter. Joel Adams & Associates Inc. raised its position in shares of Vanguard Intermediate-Term Treasury ETF by 2.8% in the fourth quarter. Joel Adams & Associates Inc. now owns 6,994 shares of the company’s stock valued at $419,000 after buying an additional 192 shares during the last quarter. Armstrong Advisory Group Inc. raised its position in shares of Vanguard Intermediate-Term Treasury ETF by 1.1% in the fourth quarter. Armstrong Advisory Group Inc. now owns 17,850 shares of the company’s stock valued at $1,070,000 after buying an additional 194 shares during the last quarter. Sachem Hill LLC increased its position in Vanguard Intermediate-Term Treasury ETF by 3.7% during the fourth quarter. Sachem Hill LLC now owns 5,573 shares of the company’s stock worth $334,000 after purchasing an additional 199 shares during the last quarter. Finally, Sunflower Bank N.A. increased its position in Vanguard Intermediate-Term Treasury ETF by 4.4% during the fourth quarter. Sunflower Bank N.A. now owns 4,806 shares of the company’s stock worth $288,000 after purchasing an additional 202 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Up 0.1%

Shares of VGIT stock opened at $58.88 on Tuesday. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.37 and a one year high of $60.76. The company has a 50 day moving average price of $59.10 and a 200 day moving average price of $59.65.

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 given a dividend of $0.1935 per share. This represents a c) annualized dividend and a yield of 3.9%. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Monday, June 1st.

Vanguard Intermediate-Term Treasury ETF 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.