Friday Financial Increases Stock Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Friday Financial lifted its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 20.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 221,641 shares of the company’s stock after buying an additional 37,864 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up about 4.7% of Friday Financial’s holdings, making the stock its 4th biggest holding. Friday Financial’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $13,283,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Diversified Trust Co. purchased a new position in Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at about $227,000. Montecito Bank & Trust grew its holdings in Vanguard Intermediate-Term Treasury ETF by 17.8% in the fourth quarter. Montecito Bank & Trust now owns 88,023 shares of the company’s stock worth $5,275,000 after purchasing an additional 13,320 shares during the period. Dynamic Advisor Solutions LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 8.5% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 52,536 shares of the company’s stock valued at $3,149,000 after purchasing an additional 4,101 shares in the last quarter. Armstrong Advisory Group Inc. increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 1.1% during the fourth quarter. Armstrong Advisory Group Inc. now owns 17,850 shares of the company’s stock valued at $1,070,000 after purchasing an additional 194 shares in the last quarter. Finally, Websterrogers Financial Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 5.0% during the fourth quarter. Websterrogers Financial Advisors LLC now owns 157,583 shares of the company’s stock valued at $9,444,000 after purchasing an additional 7,500 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT opened at $59.41 on Tuesday. The business’s 50 day moving average price is $59.97 and its 200-day moving average price is $60.08. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $58.42 and a 52 week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1746 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.