LPL Financial LLC Increases Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

LPL Financial LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 23.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,477,265 shares of the company’s stock after acquiring an additional 469,950 shares during the quarter. LPL Financial LLC owned 0.41% of Vanguard Intermediate-Term Treasury ETF worth $148,462,000 at the end of the most recent reporting period.

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

Vanguard Intermediate-Term Treasury ETF Trading Down 0.1%

Shares of VGIT stock opened at $58.59 on Thursday. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $58.37 and a twelve month high of $60.76. The stock has a 50 day moving average of $59.14 and a 200 day moving average of $59.68.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a $0.1935 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. The ex-dividend date was Monday, June 1st.

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.