Focus Partners Wealth Purchases 831,154 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Focus Partners Wealth increased its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 11.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,842,067 shares of the company’s stock after buying an additional 831,154 shares during the period. Vanguard Intermediate-Term Treasury Index ETF accounts for approximately 1.2% of Focus Partners Wealth’s portfolio, making the stock its 14th largest holding. Focus Partners Wealth owned approximately 1.49% of Vanguard Intermediate-Term Treasury Index ETF worth $454,840,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Fairview Capital Investment Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter worth $330,000. First Manhattan CO. LLC. lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 20.2% during the fourth quarter. First Manhattan CO. LLC. now owns 7,533 shares of the company’s stock worth $437,000 after purchasing an additional 1,268 shares during the last quarter. Fiduciary Trust Co boosted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 16.1% in the 4th quarter. Fiduciary Trust Co now owns 22,578 shares of the company’s stock worth $1,310,000 after purchasing an additional 3,125 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 34.1% during the 4th quarter. CoreCap Advisors LLC now owns 12,404 shares of the company’s stock valued at $719,000 after purchasing an additional 3,151 shares during the last quarter. Finally, Cresset Asset Management LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.6% during the 4th quarter. Cresset Asset Management LLC now owns 9,157 shares of the company’s stock valued at $531,000 after buying an additional 3,788 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

NASDAQ:VGIT opened at $59.09 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $57.35 and a 1-year high of $60.82. The business has a 50 day moving average of $59.22 and a 200 day moving average of $58.66.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were paid a $0.1872 dividend. The ex-dividend date was Thursday, May 1st. This represents a $2.25 dividend on an annualized basis and a dividend yield of 3.80%.

About Vanguard Intermediate-Term Treasury Index 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.