Evergreen Advisors LLC Invests $33.53 Million in Vanguard Intermediate-Term Treasury ETF $VGIT

Evergreen Advisors LLC bought a new position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 559,518 shares of the company’s stock, valued at approximately $33,532,000. Vanguard Intermediate-Term Treasury ETF accounts for 8.2% of Evergreen Advisors LLC’s holdings, making the stock its 5th largest holding.

Several other institutional investors and hedge funds also recently modified their holdings of VGIT. Brighton Jones LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth about $287,000. Geneos Wealth Management Inc. boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 85.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock worth $67,000 after buying an additional 521 shares during the period. Cresset Asset Management LLC boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 96.4% in the second quarter. Cresset Asset Management LLC now owns 13,723 shares of the company’s stock worth $821,000 after buying an additional 6,737 shares during the period. NewEdge Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 170.0% in the second quarter. NewEdge Advisors LLC now owns 129,303 shares of the company’s stock worth $7,734,000 after buying an additional 81,409 shares during the period. Finally, Diversify Advisory Services LLC boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 47.7% in the second quarter. Diversify Advisory Services LLC now owns 22,791 shares of the company’s stock worth $1,359,000 after buying an additional 7,363 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of NASDAQ VGIT opened at $58.62 on Monday. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $58.60 and a 1-year high of $60.76. The business has a 50-day moving average of $59.45 and a 200-day moving average of $59.85.

Vanguard Intermediate-Term Treasury ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a $0.1872 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.